Boohoo’s London office buyer has walked away from the £60m sale

Boohoo app on phone

Source: Shutterstock

Boohoo’s financial recovery efforts are under pressure after a potential property investor abandoned negotiations to purchase its London office. 

Mike Ashley has publicly cautioned against what he describes as a potential “fire sale of assets at knockdown prices” as Boohoo attempts to navigate its current financial challenges.

 

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