Why Boohoo is enjoying “record trade” in tough Australian climate

Boohoo Group reported record trade for the last four months of 2019, with revenue growth of 44% across all key demographic regions.

The Group, which owns Boohoo, PrettyLittleThing and Nasty Gal, reported total group revenue of £473.7 million.

While Australia continues to grow as a market, the strongest markets are Europe and the US with revenue growth of 57%.

Rest Of The World revenue, which includes Australia, saw a comparatively modest 13% growth in revenue to £37.7 million.

Boohoo Group PLC (LON:BOO) operates as an online fashion retailer in the United Kingdom, rest of Europe, the United States, and internationally. The company also provides its products under the boohoo, boohooMAN, PrettyLittleThing, Nasty Gal & Miss Pap brand names.

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