By The deal includes the brands and online businesses, but not the 214 shops nor 2,450 workers employed in them.
Online fashion retailer Boohoo has bought the Dorothy Perkins, Wallis and Burton brands from failed retail group Arcadia for £25.2m
The online retail business will take over Burton, Dorothy Perkins and Wallis, a week after rival Asos saved flagship brand Topshop from collapse.
Approximately 260 jobs will be moving with the brands to Boohoo, mainly head office functions such as brand design, buying and merchandising, and the digital part of the business.
Boohoo shares were down more than 4.6% on Monday morning.
Last month, Boohoo bought the Debenhams brand and website for £55m.
Boohoo has bought a number of other leading High Street names in the past two years, buying the online businesses of Oasis and Warehouse to name a few.
John Lyttle, Boohoo chief executive, said: “We are delighted to announce the acquisition of the assets associated with the online businesses of the three established brands Burton, Dorothy Perkins and Wallis.
We have a successful track record of integrating British heritage fashion brands onto our proven multi-brand platform, and we are looking forward to bringing these brands on board.”
