Boohoo
This coverage tracks Boohoo’s position and performance in the UK fashion retail market, focusing on financial results, leadership moves, sustainability initiatives, marketing and expansion strategy. With analysis tailored to brand managers, retail executives and strategists, the reporting examines how Boohoo navigates fast-fashion challenges and compliance demands to maintain competitiveness.
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May- 2022 -3 MayFeatures
Missguided: what went wrong?
As the face of online shopping for young women around the world, Missguided has faced its fair share of troubles despite its ever-present popularity within the fast fashion industry. Now the company is eyeing potential buyers, it puts into question the future of the business. Since its launch in March…
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Apr- 2022 -25 AprilClothing & Shoes
JD Sports tipped as potential Missguided suitor
JD Sports has reportedly been tipped as a potential suitor to acquire online retailer Missguided after it appointed advisors to seek a buyer last week. According to This is Money, while muted to be at “a very early stage”, bosses at the sportswear retailer are said to be discussing a…
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11 AprilNews
Boohoo opens its first manufacturing facility in Leicester
Boohoo Group has announced it has opened its first manufacturing facility as a ‘Centre of Excellence’. Boohoo said this comes as the group identifies a ‘bright future’ for garment manufacturing in Leicester. The factory represents a multi-million pound investment by Boohoo and aims to “reintroduce skills” in garment manufacturing that…
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Mar- 2022 -10 MarchOnline & Digital
Boohoo eyes FY22 profits of £125m as sales surge 14%
Boohoo group plc has revealed it expects adjusted EBITDA for the 12 months ending 28 February 2022 (FY22) to reach approximately £125m, subject to audit, which is in line with prior guidance issued in December and market expectations. The announcement comes as Boohoo reported sales growth of 14% in FY22,…
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9 MarchClothing & Shoes
Mothercare joins retailers in suspending Russian business
Mothercare has announced that all business in Russia, including the shipment of all its products has been suspended in the wake of the ongoing Ukraine crisis. It comes as major retailers and businesses around the world have all joined in boycotting Russian business in a bid to put increased pressure…
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7 MarchDepartment Stores
John Lewis halts sales of Russian products
John Lewis has become the latest retailer to make steps towards cutting ties with Russia, having removed Russian-made products from its Waitrose and John Lewis stores. In a statement, the retailer said: “The John Lewis Partnership is removing from sale products in Waitrose and John Lewis that are made in…
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4 MarchClothing & Shoes
Boohoo latest retailer to suspend sales in Russia
Boohoo has announced it is one of several major retailers to suspend all sales in Russia in the wake of the ongoing Ukraine crisis. The retailer said it was “deeply concerned” about the “tragic developments” in the region, and confirmed that all sales and trading websites in Russia were suspended…
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Feb- 2022 -16 FebruaryClothing & Shoes
ASA bans ‘sexualised’ Boohoo ad
The Advertising Standards Watchdog (ASA) has banned an advert from fashion retailer Boohoo after deeming the ad “objectified and sexualised women” and was therefore “irresponsible and likely to cause serious offence”. The ASA said the ad in question was seen on 26 November 2021, and featured a product listing for…
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Jan- 2022 -26 JanuaryOnline & Digital
Debenhams hires former JD Sports director as CEO
Debenhams has hired former JD Sports multichannel director Daniel Finley as its new CEO. Finley spent 10 years at the sportswear retailer where he was responsible for all multi-channel operations at the group. He was also previously group business development director at the Peacocks Group. Commenting on his appointment in…
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Dec- 2021 -16 DecemberClothing & Shoes
Boohoo warns higher return rates to impact FY22 profits
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”. 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…
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