Boohoo struggles continue with earnings and sales down – and losses mounting Boohoo Online fashion retailer Boohoo’s full-year results painted a grim picture as its earnings, revenue and sales all dropped – while losses swelled to £159m. The company said its annual core earnings fell by seven per cent, revenue fell by 17 per cent, and the total value of goods sold fell by 13 per cent, after [...]
Mike Ashley’s Frasers Group launches fresh £80m share buyback scheme Retail Back in February, sporting giant Frasers Group announced a similar buyback scheme which ran for 11 weeks and ended on Sunday the 28th of April.
Pretty Little Thing founders venture into the world of luxury interior design Retail Adam Kamani and Umar Kamani, the Manchester brothers who founded fast-fashion brand Pretty Little Thing are venturing into the world of luxury interior design.
CMA greenwashing probe: Asda, Asos and Boohoo promise clarity on eco-claims March 27, 2024 Top fashion retailers Asos, Boohoo and George at Asda, have signed undertakings to clarify the way they promote and display their environmental credentials, the competition watchdog has said.
Debenhams slashes losses as sales jump by over £30m February 12, 2024 Debenhams slashed its losses thanks to a surge in its sales by more than £30m, new accounts have revealed.
The House of Boohoo: Impact of PrettyLittleThing and others on fast-fashion giant’s mounting losses revealed January 27, 2024 Boohoo is never far from the headlines - but the firm's endgame isn't quite as easy to find