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- 2018 -21 MayPeople Moves
Mothercare CEO takes £132k pay cut and rejoins
Mark Newton-Jones has been re-appointed as CEO of Mothercare on a salary of £480,000. The former CEO is being reinstated only a month after his resignation. David Wood, the former Tesco executive who had replaced Newton-Jones will now become Mothercare’s group managing director. A spokesperson for Mothercare told Retail Sector:…
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Apr- 2018 -25 AprilOnline & Digital
Boohoo sales double in full year results
Online fashion retailer Boohoo has revealed a £579.8m increase in sales, up 97% for the year ending on 28 February 2018. The online pure-play group saw strong growth across its three major brands. Boohoo’s revenue increased by £374.1m, up by 32%, and sister company Pretty Little Thing saw revenue increase…
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23 AprilClothing & Shoes
Boohoo expected to report 95% sales increase
Boohoo is expected to report a 95% increase in sales when it publishes its full year results on Wednesday (25 April), the City has predicted. According to City AM, this will mean an increase of £574.6m with pre-tax profits at around £47m. Boohoo has heavily invested in its infrastructure with…
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Mar- 2018 -27 MarchOnline & Digital
ASOS to host modern slavery event at House of Lords
ASOS is co-hosting an event at the House of Lords today (27 March) with Baroness Lola Young, co-chair All Party Parliamentary Group on Ethics and Sustainability in Fashion, to identify and address shared risks in the apparel sector. The 2.5-hour meeting, set to be attended by senior representatives from ASOS’…
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Feb- 2018 -19 FebruaryHigh Street
Philip Green considers selling Arcadia to Chinese firm
British retail magnate Sir Philip Green is reportedly in talks to sell part of the Arcadia Group to a Chinese textiles giant. Reports said that Chinese firm Shandong Ruyi has already held negotiations and looked over the books of the retail conglomerate, which owns Topshop, Miss Selfridge, Burton and Dorothy…
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