Boohoo’s incredible growth continues apace
Manchester-based online fashion retailer boohoo has raised its guidance for full year revenue again to be 80% ahead of expectations, as it posts a 106% increase in half year turnover to £263m.
It was only in June that the company said it expects full year revenue to February 2018 to be 60% ahead of expectations but today's half year results show the incredible pace of growth, with six-month pre-tax profits up 41% to £20.3m to the end of August 2017.
In June the company raised £50m on the stock market so that it could build an... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
