Manchester-headquartered online fashion retailer Boohoo has moved a step closer to sealing the €20m (£16m) acquisition of assets from LA-based counterpart Nasty Gal, which filed for bankruptcy last November.
The company announced in December 2016 that it had entered into an asset purchase agreement to purchase certain intellectual property assets and customer databases from Nasty Gal. The transaction has been governed by a US bankruptcy court-approved bidding process.
¨ Q1 financial highlights: Boohoo Group plc (LON:BOO) revenue of £445.7m is -8.3% YOY vs. a strong comp (Q1 FY22 revenue +32.1%), in line with Zeus’s forecast and management’s previously stated guidance. Gross sales growth remained
¨ Financial performance: Boohoo Group plc (LON:BOO) revenue of £1,982.8m is +13.6% YOY and +41.3% versus FY20, representing significant market share gains versus global apparel markets that remain below pre-pandemic levels (UK: +27.3% versus market -3%,
boohoo group plc (LON:BOO) have today published final results for the year ended 28th February 2022. Investing for the future · Significantly increased market share in the UK and US since FY2020. Total group sales +61% since FY2020 · Extended
Boohoo Group plc (LON:BOO) Q4 revenue growth of +7% YOY is ahead of ZC est. of +4.9%. Moderation in growth over FY22 reflects tough prior year comps, with the closure of physical retail driving strong growth
Boohoo Group plc (LON:BOO) has provided an update for the three and twelve months ended 28 February 2022. The Group has delivered net sales growth in the fourth quarter of 7% (2 Year growth: 48%), and over the
Boohoo Group plc (LON:BOO), a leading online fashion retailer, has announced the appointment of Kirsty Britz to the Board as Non-Executive Director, with effect from today. Kirsty will become a member of the Audit and Risk
Boohoo Group plc (LON:BOO) has announced its interim results for the six months ended 31 August 2021. · Doubled market share in the UK and US over the last two years. Total group sales +73% since 1H20
Publication of international factory list: Today’s publication of Boohoo Group plc (LON:BOO) international factory list meets its pledge for full supply chain transparency within 12 months of the Independent Review into its supply chain, published by
Boohoo Group plc (LON:BOO) has announced the publication of its international factory list, meeting its transparency pledge to publish it within twelve months of the Independent Review produced by Alison Levitt QC (the “Independent Review”). The
The publication of Boohoo Group plc (LON:BOO) Economic Impact Report, released yesterday, made clear its commitment to the UK, with plans to invest more than £500m over the next five years, creating 5,000 new UK jobs
A new partnership with Alshaya Group in the Middle East, building on Debenhams established store presence in the region, the launch of a new local Debenhams eCommerce platform and providing a new route to market for
Boohoo Group plc (LON:BOO), a leading online fashion retailer, has announced a new partnership with Alshaya Group (‘Alshaya’), building on the presence of Debenhams in the Middle East region. This partnership marks a further step as
Boohoo Group plc (LON:BOO) has announced its trading statement for the three months to 31 May 2021. Three months to 31 May £ million FY22 FY21 Change CER(1) 2yr Growth Group total revenue 486.1 367.8 32%
Boohoo Group plc (LON:BOO), a leading online fashion retailer, has confirmed that its Annual Report and Accounts for the year ended 28 February 2021, its Notice of Annual General Meeting and Proxy Card have been posted to shareholders
Boohoo Group plc (LON:BOO) has announced results for the 12 months ended 28 February 2021, reporting a strong finish to the year, with performance ahead of ZC’s forecasts, driven by strong momentum in both the UK
Boohoo Group plc (LON:BOO) has announced its final results for the year ended 28 February 2021. 2021 2020 Change £ million £ million Revenue 1,745.3 1,234.9 +41% Gross profit 945.2 666.3 +42% Gross
Boohoo Group plc (LON:BOO), a leading online fashion retailer, has announced the appointment of Tim Morris to the Board as Non-Executive Director, with effect from today. Tim will become a member of the Audit, Nomination, Remuneration,
Boohoo Group plc (LON:BOO), a leading online fashion retailer, has announced that it has acquired, for £72 million, a new office in Soho, the heart of London’s West End, for the Group’s London-based brands. Since acquiring
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