mulls Pretty Little Thing acquisition

ONLINE fast fashion retailer has said it is considering the acquisition of another online fashion retailer, Pretty Little Thing, as it celebrates a 129% rise in half year profits.

£30m turnover Pretty Little Thing, based in Ancoats, was founded by boohoo boss Mahmud Kamani's sons Umar and Adam in 2012.

Boohoo, which listed on the stock market in 2014, had an option to acquire the business for £5m or less before March 2017 and today said it is in the process of evaluating a potential acquisition, t... For the full story register now for free or login below...