// Debenhams has been wound up by theInsolvency and Companies Court
// Judge Daniel Schaffer described Debenhams as a rudderless ship drifting in an ocean of insolvency
// It comes after Boohoo confirmed it had bought the Debenhams brand & website for 55m
Debenhams has been wound up by a judge in a specialist court, just hours after it was announced that Boohoo would acquire its brand and website in a 55 million deal.
Judge Daniel Schaffer made a winding-up order for the collapsed department store chain at an online hearing in the Insolvency and Companies Court today.
He described Debenhams as a rudderless ship drifting in an ocean of insolvency whic…
Read the full article at: https://www.retailgazette.co.uk/blog/2021/01/debenhams-given-winding-up-court-order/