THE RETAIL BULLETIN - The home of retail news
20 years serving the retail industry
Home Page
News Categories
Christmas Ads
Commentary
Department Stores
Electricals & Technology
Entertainment
Fashion
Food & Drink
General Merchandise
Grocery
Health & Beauty
Home & DIY
Interviews
Property
Retail News
Retail Solutions
Shopping Centres, High Streets & Retail Parks
Sports & Leisure
Retail Events
Retail HR 2022
THE Retail Conference 2022
Retail Women In Leadership 2022
Digital Transformation Strategy 2022 Part 2
Upcoming Retail Events
Past Retail Events
Retail Insights
Retail Solutions
Advertise
About
Contact
Subscribe for free
Terms and Policies
Privacy Policy
Boohoo hails strong Christmas performance

Boohoo grew its revenue by 44% to £473.7 million in the four months to 31 December. Revenue at the Boohoo fashion brand was up 42% to… View Article

FASHION

Boohoo hails strong Christmas performance

Boohoo grew its revenue by 44% to £473.7 million in the four months to 31 December.

Revenue at the Boohoo fashion brand was up 42% to £232.6 million while revenue at Pretty Little Thing rose by 32% to £190.8 million.

Meanwhile, the group increased revenue at the Nasty Gal brand by 102% to £41.5 million.

John Lyttle, Boohoo chief executive, said: All of our brands have performed exceptionally well and delivered strong market share gains. We have continued to see operating leverage in our more established brands and will continue to invest into them and our newly-acquired brands.

“The newly-acquired brands, MissPap, Karen Millen and Coast, are showing great promise and open different target markets for the group, in line with our strategy to build our multi-brand platform.”

Boohoo now expects group revenue in the year to 29 February 2020 to come in at between 40% to 42%. This compares to a previous guidance of 33% to 38%.

 

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News

THE NEXT EVENT

See all upcoming events

LATEST VIDEO

UKG LifeWork ALL: Register your place now to hear more. RETAIL HR 21 Sept LONDON
UKG LifeWork ALL: Register your place now to hear more. RETAIL HR 21 Sept LONDON

Watch video >