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Boohoo Group Plc

Record trading at Boohoo – What the analysts say

14 January 2020 | Beth Wright

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.... read more

Boohoo raises FY forecast on "record" four months

14 January 2020 | Beth Wright

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. ... read more

Boohoo hails "record" Black Friday performance

3 December 2019 | Beth Wright

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.... read more

Brands still failing to deliver on responsible viscose sourcing

20 November 2019 | Michelle Russell

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.... read more

Boohoo bucks trend of UK retail lull - What the analysts say

27 September 2019 | Hannah Abdulla

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.... read more

Boohoo H1 sales soar by 43%

25 September 2019 | Beth Wright

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.... read more

Boohoo ups FY forecast on strong H1 performance

5 September 2019 | Beth Wright

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.... read more

Boohoo buys Karen Millen and Coast in GBP18.2m deal

6 August 2019 | Hannah Abdulla

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.... read more

Boohoo picks End2End suite to streamline business

10 July 2019 | Beth Wright

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. ... read more

Boohoo unveils first recycled fashion collection

18 June 2019 | Beth Wright

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.... read more

Boohoo rebuffs claims it is reluctant to engage with unions

14 June 2019 | Hannah Abdulla

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.... read more

Boohoo reaffirms FY view on double-digit Q1 sales hike

12 June 2019 | Beth Wright

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

PETA buys shares to sway sourcing at Levi Strauss, Boohoo

28 March 2019 | Beth Wright

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. ... read more

Boohoo bolsters portfolio with MissPap acquisition

26 March 2019 | Beth Wright

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.... read more

Primark’s John Lyttle joins Boohoo as new CEO

15 March 2019 | Leonie Barrie

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.... read more

Boohoo reverses decision to ban wool

18 February 2019 | Beth Wright

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.... read more

Boohoo first fashion retailer to ban wool

15 February 2019 | Beth Wright

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. ... read more

Boohoo raises FY guidance on strong Q3

15 January 2019 | Beth Wright

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.... read more

Boohoo pulls product following real fur uproar

9 January 2019 | Hannah Abdulla

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.... read more

Boohoo reassures on strong trading performance

18 December 2018 | Beth Wright

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.... read more