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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Nov- 2018 -28 NovemberClothing & Shoes
Primark, Topshop and ASOS defend practices in Parliament
Primark, Arcadia, ASOS were among some of the retailers who had executives and representatives appear before the Environmental Audit Committee to answer questions on sustainability in their businesses. This was part of the Environmental Audit Committee’s ongoing inquiry into the sustainability of the fashion industry. Representatives from Marks and Spencer,…
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26 NovemberClothing & Shoes
Missguided boss slammed by MPs for Parliamentary no-show
Nitin Passi, the CEO and founder of online retailer Missguided, has been criticised by MPs for refusing to appear in the Houses of Parliament as part of an investigation into fast fashion. In a letter to Passi, MP Mary Creagh chair of the Environmental Audit Committee, said she was “disappointed”…
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9 NovemberClothing & Shoes
Fast fashion brands called before Parliament
A number of online only fashion retailers have been asked to give evidence as part of the Environmental Audit Committee’s inquiry into the sustainability of the fashion industry. The chair of the committee has written letters to ASOS, Boohoo, PrettyLittleThing, Amazon and Missguided, published today (9 November), to the online…
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Sep- 2018 -17 SeptemberOnline & Digital
Boohoo appoints Primark COO John Lyttle as its new CEO
Online fashion retailer Boohoo has appointed current Primark COO John Lyttle to become its new CEO with effect from 15 March 2019. According to the group Lyttle’s appointment is a “key constituent” of the group’s positioning for its next stage of growth and will be accompanied by a number of…
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Aug- 2018 -31 AugustComment
Can VAT help save the High Street?
There are growing calls for an ‘online sales tax’ (OST) to redress the balance between physical and digital retailing but a fiscal solution may have to be more intricate – and how VAT is levied may be part of the answer. We’re all familiar with being asked in sandwich bars…
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1 AugustClothing & Shoes
Zara unveils new delivery plans to compete with Asos and Boohoo
Zara has announced new delivery plans in order to compete with Asos and Boohoo, the new plans will see it combine its physical and online inventories. The combined inventories will mean items will be shipped from stores, with customers who live closer to stores will be able to get their…
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Jul- 2018 -23 JulyGovernment
Committee finds retailers ‘poor’ at regulating fur sales
The Environment, Food and Rural Affairs Committee has found that retailers, local authorities and Trading Standards have been “poor at enforcing regulations around the sale of real fur”, following its recent inquiry. The committee also said that Brexit would provide an opportunity for the UK to improve its system of…
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Jun- 2018 -12 JuneComment
Fast Fashion: The global battle
The fast fashion landscape is a crowded space. Spend a couple of minutes on a train platform, browsing Instagram, scrolling through Twitter or watching YouTube and the vast array of adverts, celebrity endorsers, vloggers and other assorted brand affiliates makes it clear that a fierce battle for the wallets of…
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12 JuneOnline & Digital
Boohoo reports £183.6m revenue jump
Online fashion retailer Boohoo has reported a 53% increase in total revenue for the first quarter of the 2019 financial year. The group said that for the full financial year it continues to expect group revenue growth to be around 40%, with an adjusted EBITDA margin between 9% to 10%.…
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5 JuneClothing & Shoes
Quiz defies high street blues with 30% growth
Fashion retailer Quiz has bucked a calamitous high street trend in the first half of 2018, announcing revenue growth of 30% from the previous financial year. Physical store sales grew by 12% and online sales by 158% compared with last year. The company also saw pre-tax profit rise slightly from…
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