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The Boohoo Group has raised its sales forecasts for the current financial year, in reflection of “anticipated investments” into its newly acquired businesses.
It was a sad moment walking past the closing Karen Millen store on the corner of Regent Street and Princes Street in central London last week.
From Boohoo snapping up Karen Millen to Sports Direct rescuing Jack Wills, a spate of acquisitions is changing the make-up of UK fashion retail.