The online fashion retailer Boohoo has purchased the Debenhams brand and website for £55m. However, the agreed deal will still put up to 12,000 jobs at risk— with Boohoo stipulating that they only wanted the labels, not the Debenhams high street units. This poses yet another threat to the survival of traditional bricks-and-mortar retail in the UK. At Fashion Roundtable we are incredibly concerned to hear of the continued loss of fashion retail jobs—an unemployment situation that will disproportionately affect women due to the higher number female retail workers.
Read More