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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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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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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