Thomas Cook returns as online travel firm after £11m brand acquisition

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The Thomas Cook brand is making a return after being turned into an online travel company by new owners.

Chinese firm Fosun Tourism Group acquired the brand for £11m, a year after the 178-year-old travel company collapsed.

The new version began selling holidays online and over the phone today, September 16, but does not have a high street presence.

When Thomas Cook collapsed its estate of 555 stores were all snapped up, together with staff, by Sunderland's Hays Travel.

The reinvented Thomas Cook employs around 50 people and retains the brand's logo.

Alan French, who was group strategy and technology director at Thomas Cook when it collapsed, has

 link source - Business Live News

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