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Britain's Boohoo buys Debenhams brand for 55 mln stg

LONDON, Jan 25 (Reuters) - British online fashion retailer Boohoo said on Monday it had purchased the brand of collapsed department store group Debenhams for 55 million pounds ($75.4 million).

Debenhams’ administrators said last month it was starting a liquidation process, putting 12,000 jobs at risk.

$1 = 0.7290 pounds Reporting by James Davey; Editing by Kate Holton

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