Business
Property Acquisition
Property Acquisition.
About this update from Boohoo Group Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 2160V\n boohoo group plc\n 13 April 2021\n \n \n \n \n \n \n FOR IMMEDIATE RELEASE\n \n \n \n 13 April 2021\n \n \n \n \n \n \n \n boohoo group plc\n \n (\"boohoo\" or \"the Group\")\n \n Property Acquisition\n \n boohoo, a leading online fashion retailer, is pleased to announce that it has acquired, for £72 million, a new office in Soho, the heart of London's West End, for the Group's London-based brands. 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. \n \n \n \n \n \n \n \n Enquiries\n \n \n \n \n \n \n \n boohoo group plc\n \n \n \n \n \n \n \n Neil Catto, Chief Financial Officer\n \n \n Tel: +44 (0)161 233 2050\n \n \n \n \n Alistair Davies, Investor Relations\n \n \n Tel: +44 (0)161 233 2050\n \n \n \n \n Clara Melia, Investor Relations\n \n \n Tel: +44 (0)20 3289 5520\n \n \n \n \n Mark Mochalski, Investor Relations\n \n \n Tel: +44 (0)11 8328 7068\n \n \n \n \n \n \n \n \n \n \n \n \n Zeus Capital - Nominated adviser and joint broker\n \n \n \n \n \n \n \n Nick Cowles/Andrew Jones (Corporate Finance)\n \n \n Tel: +44 (0)161 831 1512\n \n \n \n \n John Goold/Benjamin Robertson (Corporate Broking)\n \n \n Tel: +44 (0)20 3829 5000\n \n \n \n \n \n \n \n \n \n \n \n \n Jefferies - Joint broker\n \n \n \n \n \n \n \n Philip Noblet/Max Jones\n \n \n Tel: +44 (0)20 7029 8000\n \n \n \n \n \n \n \n \n \n \n \n \n Buchanan - Financial PR adviser\n \n \n [email protected]\n \n \n \n \n Richard Oldworth / Kim Looringh-van Beeck / Toto Berger / Sophie Wills\n \n \n Tel: +44 (0)20 7466 5000\n \n \n \n \n About boohoo group plc\n \"Leading the fashion eCommerce market\"\n \n Founded in Manchester in 2006, boohoo is an inclusive and innovative global brand targeting young, value-orientated customers, pushing boundaries to bring its customers up-to-date and inspirational fashion, 24/7. \n \n \n \n \n \n In 2017 the Group extende...