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- 2021 -5 MayClothing & Shoes
Boohoo profits soar 35% in full-year results
Boohoo has reported that its pre-tax profit soared by 35% to £124.7m for the year ended 28 February 2021, up from £92.2m the prior year. In the same period, revenue climbed 41% to £1.7bn, up from £1.2bn the previous year, which Boohoo attributed to the growth of its longer established…
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Apr- 2021 -26 AprilClothing & Shoes
Boohoo considers linking exec bonuses to ESG goals
Boohoo has told the Environmental Audit Committee (EAC) that it is exploring the possibility of linking senior executive bonuses to environmental, social, and governance (ESG) improvements. The strategy had been recommended to the online fashion retailer during a virtual evidence session with the group’s executives in December 2020. In turn,…
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13 AprilClothing & Shoes
Boohoo acquires new office in Soho for £72m
Boohoo has announced that it has acquired a new office in Soho for the group’s London-based brands for £72m. The new office is intended to become home for all London-based product, marketing, technology and central support teams, offering flexible working for approximately 600 employees. The news follows the retailer’s recent…
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9 AprilHigh Street
JD Sports, Frasers Group and Amazon eye Topshop flagship
A number of retailers have reportedly expressed interest in purchasing Topshop’s former flagship store, including JD Sports, Amazon and Frasers. According to Drapers,, the administrators of the 100,000 sq ft store have appointed Eastdil and Savills to explore a sale of the site. It also reports that the London store…
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9 AprilClothing & Shoes
Boohoo continues expansion with new warehouse deal
Boohoo has announced that following an exchange of contracts, it has agreed a long-term lease for a new warehouse in Daventry, in a bid to fuel further growth for the group. The site is due to become operational in the second quarter of the retailer’s financial year, and forms part…
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Mar- 2021 -26 MarchFeatures
E-commerce trends can’t outweigh a flotation’s individuality
Moonpig, The Hut Group, and In The Style. These are just a few of the e-commerce retailers to have gone public since the start of the Covid-19 pandemic. But are they just a few successful outliers, or are they the beginning of a trend of London Stock Exchange e-commerce listings…
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25 MarchClothing & Shoes
Boohoo cuts ties with number of suppliers
Boohoo has published details of its UK manufacturers and new sustainability strategy, marking a key milestone in the group’s ‘Agenda for Change’ programme, whilst noting it has cut ties with a number of suppliers that did not meet its transparency targets. The group confirmed that it has ceased doing business…
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16 MarchDepartment Stores
Hammerson to redevelop Debenhams store into new homes
Hammerson has announced it has submitted plans to Leicester City Council to redevelop the former Debenhams store within the shopping centre Highcross into new homes for rent. The development would see the former Debenhams department store which has been an “integral part of the city’s core” since its opening in…
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15 MarchAdvice
No smooth sailing: Omnichannel investment is the key to weathering the storm
A series of challenges over the last year have brought with them a wealth of era-defining moments for retail. Within a brief and turbulent window of time, we have seen some of the biggest hallmarks of the changing retail landscape. Most notably, the already wavering high street was hit hard…
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10 MarchComment
Choosing the right growth strategy for your e-commerce business
Why growth strategies dictate funding requirements Businesses should think carefully about what the right type of investor looks like for them and what types of investments they should make themselves. The type of investor you work with is best dictated by the amount of funding required and what it’s needed for. Broadly speaking there are two…
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