Boohoo’s incredible growth continues apace

Manchester-based online fashion retailer boohoo has raised its guidance for full year revenue again to be 80% ahead of expectations, as it posts a 106% increase in half year turnover to £263m. It was only in June that the company said it expects full year revenue to February 2018 to be 60% ahead of expectations but today's half year results show the incredible pace of growth, with six-month pre-tax profits up 41% to £20.3m to the end of August 2017. In June the company raised £50m on the stock market so that it could build an... For the full story register now for free or login below...
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