Boohoo acquires new central London office
Online fashion group Boohoo has acquired a new office in London’s West End for £72 million.
Situated in Soho, the office will act as a base for the group’s London-based brands.
In a statement to the London Stock Exhnage, Boohoo said: “Since acquiring the Karen Millen and Coast brands in 2019, the Group’s presence in London has grown significantly through organic means and more recently through the acquisitions of the Oasis, Warehouse, Debenhams, Dorothy Perkins, Burton and Wallis brands. The new office is intended to become home for all London-based product, marketing, technology and central support teams, offering flexible working for approximately 600 of our colleagues.”
Last week, Boohoo announced that it had exchanged contracts for a long-term lease on a new warehouse in Daventry.