Boohoo has announced an agreement to acquire the Dorothy Perkins, Wallis, and Burton brands from the Administrators of Arcadia. Total consideration of £25.2m equates to just 0.14x the ongoing online and wholesale revenue and represents an attractive price for these established UK brands. The deal executes on the Group’s strategy to further diversify its offer, with Dorothy Perkins and Wallis catering to a more mature demographic versus the Group’s core brands, and Burton extending its menswear p ....