Online fashion seller’s losses widen to £264m as Poundland confirms plans to close up to 150 stores
The online fashion seller Debenhams, formerly known as Boohoo, is considering the sale of its Pretty Little Thing (PLT) brand and the closure of its distribution centre in Burnley, which could lead to the loss of 1,251 jobs.
The company said it was “exploring a range of long-term options”, understood to include closure for the Burnley site and the sale of an already closed warehouse in the US amid falling sales and widening losses.
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