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Karen Millen is a brand used by online women's clothing retailer Boohoo plc.The brand specialises in tailoring, coats and evening wear.It was acquired in 2019 following the collapse of Karen Millen Fashions Ltd, a company that operated a chain of clothing stores in many countries worldwide.
Boohoo Group plc is a British online fast-fashion retailer, aimed at 16- to 30-year-olds. The business was founded in 2006 and had sales of £856.9 million in 2019. It specialises in own brand fashion clothing, with over 36,000 products. The company has acquired the brands and online presence of several defunct high street retailers, and also ...
In March 2011, the company announced plans to spin off Karen Millen, [2] which was completed in 2012. [3] Karen Millen was separated from the group to be owned by Aurora's parent Kaupthing Bank. [4] Aurora announced further plans in March 2013 for a wider restructuring.
In November 2003, Oasis and Coast were acquired from PPM Ventures by a secondary management buyout, supported by Baugur Group hf. and an investor group led by Kaupthing Bank hf. Noel Ltd. was established as the takeover vehicle, which in June 2004 was renamed Mosaic Fashions, when it acquired the Karen Millen and Whistles brands. [3]
Karen Millen, another British retailer, bought parts of the Coast brand, such as the website and concessions in department stores (including the transfer of 600 jobs to Karen Millen). The deal left 24 stores to close, including the flagship store on Oxford Street, and 300 employees without a job. [7]
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