Boohoo Group has outlined plans to create 5,000 new jobs off the back of a £500m investment programme across the UK over the next five years.
The investment will help the company continue with its growth since launching 15 years ago, expanding from a single brand in 2006 to a group of 13.
The announcement on jobs and investment is set out in the online retailer’s ‘Economic Impact Report’, which outlines the importance of the group’s activities in supporting British job creation.
In logistics, for example, the group employs 7,000 people at four distribution centres in the UK and ships between 190,000 and 230,000 parcels a day. These parcels are handled by 13 main courier companies and supported roughly 1,660 jobs for the financial year 2020/21.
The report also highlighted the regional impacts of the group’s operations, with 94% of the jobs and economic benefits created by the group taking place outside of London. Across the north west, the group contributed £309m in GVA to the regional economy and as of January 202, employed 3,208 people in the region.
John Lyttle, CEO, Boohoo Group, said: “The investments we have planned will help us to continue our growth, increasing our customer base both at home and abroad, adding even more value as we do so.
“All of this has only been possible because of the amazing people who form our boohoo family. I am so proud of the way they rise to every challenge and I look forward to growing together as we cement our position as leaders in global fashion e-commerce.”