Clothing & Shoes

Boohoo warns higher return rates to impact FY22 profits

In a recent trading update for the three months to 30 November 2021, the group said it now expects net sales growth for the full-year to be between 12% and 14%

Boohoo has warned that “significantly” higher return rates will impact profits for the full-year ending 28 February 2022 making it “lower than previously guided”.

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