Boohoo Group Plc

Apparel and textile industry company news

Subscribe via RSSWhat is RSS?

Latest Articles

Record trading at Boohoo – What the analysts say Beth Wright | 14 Jan 20

Online retailer Boohoo has hailed record trading in the last four months of 2019 – which includes the peak Christmas trading season – with group revenue surging 44% across all key geographic regions in the period to 31 December. The performance has seen the business raise its annual sales forecast, with analysts noting the group continues to excel in a challenging market.

Boohoo raises FY forecast on "record" four months Beth Wright | 14 Jan 20

Shares in Boohoo rose today (14 January) after the online fast fashion retailer said it expects annual group revenue growth to come in ahead of expectations after a period of record trading in the last four months of 2019. 

Boohoo hails "record" Black Friday performance Beth Wright | 3 Dec 19

Boohoo has hailed a record performance across the Black Friday weekend and says it is trading in line with market expectations in the lead up to the key holiday trading season.

Brands still failing to deliver on responsible viscose sourcing Michelle Russell | 20 Nov 19

A new report has found that while the issue of responsible viscose production is now firmly on the agenda of the fashion industry, there are still brands and retailers failing to deliver on responsible sourcing.

Boohoo bucks trend of UK retail lull - What the analysts say Hannah Abdulla | 27 Sep 19

Online retailer Boohoo has posted a 43% jump in first-half sales to GBP564.9m (US$702.1m) at a time when many UK retailers are battling slow-to-no sales growth. It marks the first time in the group's history that revenues have exceeded GBP1bn over a 12-month period. And with the recent acquisitions of women's pureplay retailer MissPap and British high street brands Karen Millen and Coast, its success shows no sign of waning anytime soon.

Boohoo H1 sales soar by 43% Beth Wright | 25 Sep 19

Boohoo has hailed a 43% surge in group sales for the first half of the year in a move that means revenue at the online fashion retailer has exceeded GBP1bn in the last 12 months for the first time in its history.

Boohoo ups FY forecast on strong H1 performance Beth Wright | 5 Sep 19

Shares in Boohoo soared by more than 16% this morning (5 September) as the UK-based online fast fashion retailer upped its full-year sales guidance thanks to strong revenue growth across key brands.

Boohoo buys Karen Millen and Coast in GBP18.2m deal Hannah Abdulla | 6 Aug 19

UK-based online fashion retailer Boohoo has acquired the online business of the Karen Millen and Coast fashion brands in a GBP18.2m (US$22.1m) deal.

Boohoo picks End2End suite to streamline business Beth Wright | 10 Jul 19

UK-based online fast-fashion retailer Boohoo has invested in a new omnichannel suite of fashion business software in a bid to harmonise its wholesale and third-party business processes. 

Boohoo unveils first recycled fashion collection Beth Wright | 18 Jun 19

Online fast-fashion retailer Boohoo has unveiled its first recycled fashion range with apparel made in the UK, using 95% recycled polyester and 5% elastane.

Boohoo rebuffs claims it is reluctant to engage with unions Hannah Abdulla | 14 Jun 19

Online fast-fashion retailer Boohoo has defended itself against claims it is hesitant to give its staff the opportunity to join an independent trade union, adding it has taken measures to understand the views and opinions of its teams and that its staff have shown "no interest" in trade union representation.

Boohoo reaffirms FY view on double-digit Q1 sales hike Beth Wright | 12 Jun 19

Online fast fashion retailer Boohoo has reaffirmed its full-year revenue guidance after sales jumped by more than a third in the first-quarter.

PETA buys shares to sway sourcing at Levi Strauss, Boohoo Beth Wright | 28 Mar 19

Animal rights group PETA has snapped up shares in online fashion retailer Boohoo and jeans giant Levi Strauss & Co as part of a bid to influence the companies' sourcing decisions. 

Boohoo bolsters portfolio with MissPap acquisition Beth Wright | 26 Mar 19

Online fashion retailer Boohoo has acquired women's pureplay fashion brand MissPap in a move expected to provide the group with another vehicle to drive rapid growth.

Primark’s John Lyttle joins Boohoo as new CEO Leonie Barrie | 15 Mar 19

The former chief operating officer at value fashion retailer Primark has today (15 March) started his new role as CEO at online fast fashion retailer Boohoo Group.

Boohoo reverses decision to ban wool Beth Wright | 18 Feb 19

Online fashion retailer Boohoo appears to have gone back on its decision to ban wool, a day after announcing it would omit wool from its product range later this year.

Boohoo first fashion retailer to ban wool Beth Wright | 15 Feb 19

Boohoo has become the first major fashion retailer to ban wool, committing to no longer using the fibre in its products from the autumn/winter season onwards. 

Boohoo raises FY guidance on strong Q3 Beth Wright | 15 Jan 19

Online fashion retailer Boohoo has once again upped its full-year revenue guidance on the back of strong growth across all brands and regions in the four months to December.

Boohoo pulls product following real fur uproar Hannah Abdulla | 9 Jan 19

UK online fashion retailer Boohoo has been reprimanded by the UK advertising watchdog after allegedly advertising a "Faux Fur Pom Pom Jumper" that in fact contained real fur.

Boohoo reassures on strong trading performance Beth Wright | 18 Dec 18

Online fast fashion retailer Boohoo has moved to reassure stakeholders that its trading performance remains on track in the wake of a profit warning from competitor Asos.

just-style homepage

Forgot your password?