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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Jun- 2019 -11 JuneOnline & Digital
Boohoo owner hit with £118m lawsuit
Boohoo owner Mahmud Kamani, has had a lawsuit filed against him by an IT consultant for breach of an agreement. Contractor Richard Womack is seeking remuneration for setting up the website, database, and integrated stock lines for the online retailer. He claims to have organised and bought equipment for photoshoots,…
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7 JuneOnline & Digital
Boohoo faces Commons pressure over Usdaw meeting refusal
Online fashion retailer Boohoo, is coming under pressure from chairman of the Environmental Audit Committee MP Mary Creagh, as it again refused to meet for talks around its ethical trading standards. The Union of Shop, Distributive and Allied Workers (Usdaw) is the fifth largest trade union in the UK with…
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Apr- 2019 -24 AprilOnline & Digital
Boohoo revenues surge 48% in 2018
Online fashion retailer Boohoo has reported a 48% increase in revenues to £856.9m for the year ending 28 February 2019. Pre-tax profit also jumped 39% to £59.9m, and adjusted EBITDA increased to £84.5m, 9.9% of revenue, compared with the £56.9m reported the previous year. Additionally, its PrettyLittleThing and Nasty Gal…
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15 AprilAdvice
An opportunity for fashion retailers to shine
Almost everywhere we turn there are proclamations of retail doom, high street downfall and talk that things have never been so tough. Just last month, the fashion retailer Select announced that it was preparing to call in the administrators, putting 2,000 jobs at risk. However, there has also been some…
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Mar- 2019 -27 MarchM&A
Boohoo acquires online retailer MissPap
Online fashion retailer Boohoo group, has acquired the brand and intellectual property assets of women’s pureplay fashion brand MissPap for an undisclosed sum. MissPap, which was founded in 2015 in the north west of England and has amassed strong online presence with over 1 million Instagram followers, will join Boohoo’s…
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15 MarchPeople Moves
John Lyttle joins Boohoo as CEO
Boohoo has announced that former Primark COO John Lyttle has officially joined the online retailer as its new CEO with immediate effect. Lyttle joins boohoo following an eight-year tenure at Primark Stores Limited, a division of Associated British Foods plc. Boohoo said his appointment is a “key constituent” of the…
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Feb- 2019 -13 FebruaryAdvice
Sustaining success: Luxury fashion and the environment in 2019
Environmental concern is high on the agenda for retailers of all sectors, shapes and sizes at present, and as we look ahead to a new year the signs are that luxury fashion players are going to need to prove their eco-credentials if they are to maintain their brand equity in…
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Jan- 2019 -15 JanuaryClothing & Shoes
Boohoo raises revenue forecasts amid sales surge
Online fashion retailer Boohoo has raised its revenue guidance for the year after group sales surged 44% to £328.2m in the four months to 31 December. The group, which also operates brands such as PrettyLittleThing and Nasty Gal, experienced a 33% increase in UK sales to £180m up from £135.7m…
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11 JanuaryClothing & Shoes
Boohoo falls foul of ASA again over fur pom poms
Online retailer, Boohoo, has been reprimanded by the ASA (Advertising Standards Authority) again after it was found to be advertising a jumper as “faux fur” which had pom poms that were in fact made from real fur. The advert stated the item of clothing on sale was a “faux fur…
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Dec- 2018 -5 DecemberOnline & Digital
Boohoo found to be ‘breaking rules around sales promotions’
Online clothing retailer, Boohoo, has been found to have been “breaking rules around sales promotions” by the Advertising Standards Authority (ASA). The ASA was alerted to the issue after an episode of the BBC’s Watchdog Live programme, which found that between August and November 2018, Boohoo had 14 sales advertised…
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