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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Oct- 2021 -4 OctoberClothing & Shoes
Boohoo appoints sustainability expert to board
Boohoo has appointed sustainability expert Kirsty Britz to its board as the latest non-executive director, with effect from today (4 October). She will become a member of the audit and risk committees on appointment. The online retail giant said her appointment brings additional expertise to the board, particularly in areas…
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Sep- 2021 -30 SeptemberClothing & Shoes
Boohoo profits dented in H1 despite ‘record’ sales
Boohoo has welcomed “record” first-half sales of £976m in the six months ending 31 August 2021. Despite this, profitability was slightly dented with adjusted EBITDA down by 5% to £85.1m. The group claimed that profitability was impacted by a number of “cost headwinds” driven by short-term factors largely relating to…
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28 SeptemberFeatures
Have we reached a ‘peak’ in e-commerce M&A?
It has been mentioned time and again, the e-commerce boom has been led by Covid-19. The past 18 months have undoubtedly seen a myriad of digital retailers expand exponentially. M&A interest within the sector has also swelled to unseen levels. Yet, is this spike sustainable? Will e-commerce firms continue to…
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27 SeptemberOnline & Digital
Boohoo publishes international factory list
Boohoo has announced the publication of its international factory list in response to an independent review launched by the London barristers chambers Alison Levitt QC. Released as part of a transparency pledge to publish the names within 12 months of the review, the list reveals details of roughly 1,100 factories.…
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1 SeptemberM&A
US investment firm acquires 10% Boohoo stake
Boohoo has announced that T Rowe Price, a US investment firm, has acquired a 10% stake in the company. The deal makes the global investment group Boohoo’s third largest shareholder, overtaking Invesco and sitting just behind Jupiter Fund Management and co-CEO Mahmud Abdullah Kamani. As of 13 July 2020 there…
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Aug- 2021 -12 AugustClothing & Shoes
Boohoo to create 5,000 new jobs over five-year period
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…
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Jul- 2021 -29 JulyOnline & Digital
BoohooMan drops DaBaby over ‘homophobic language’
Online fashion retailer Boohoo has dropped rapper DaBaby from its BoohooMan partnership following a string of homophobic comments that also targeted those with HIV. Performing live at Miami’s Rolling Loud Festival on Sunday (25 July), DaBaby falsely claimed that having HIV/AIDS will “make you die in two to three weeks”.…
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14 JulyClothing & Shoes
Boohoo expands Debenhams presence in Middle East
Boohoo has announced a new partnership with Alshaya Group to build on the presence of Debenhams in the Middle East region. This partnership marks a further step as the group accelerates progress integrating and scaling the Debenhams brand. The Alshaya Group, which currently runs Debenhams stores in shopping malls, will…
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7 JulyClothing & Shoes
Boohoo owned Karen Millen secures new fashion director
Online retail group Boohoo, has appointed Lizzie Dawson as the latest fashion director for Karen Millen, Coast, Oasis and Warehouse. Prior to her move to Boohoo, Dawson worked at Topshop and Topman between November 2020 and February 2021 as a creative consultant. The group previously acquired the online businesses of…
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Jun- 2021 -18 JuneClothing & Shoes
Usdaw urges Boohoo to engage in talks ahead of AGM
Retail trade union Usdaw said it has once again urged Boohoo to engage in talks to recognise the union ahead of the fashion giant’s AGM, which is set to take place later today (18 June). The union, which represents workers at Boohoo’s warehouse and call centre in Burnley, as well…
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