BlogBoohoo announces record revenue

Boohoo announces record revenue

Manchester-based fashion retailer Boohoo.com, who also has a site in Burnley, today announced record revenues across its brands.

The group, which includes the PrettyLittleThing and Nasty Gal brands, saw revenues in the final four months of 2017 increase to £228.2m. As a result, group revenue growth for this financial year is expected to be around 90%, an increase on previous guidance of around 80%.

Mahmud Kamani and Carol Kane, joint CEOs, commented: “We are delighted to report another set of strong financial and operational results, with record sales in the four months to December across all our brands. The Black Friday period was our most successful ever and we traded well throughout the period under review. Boohoo has continued to perform well, delivering strong revenue growth on increasingly challenging comparatives last year.

“PrettyLittleThing has continued to deliver exceptional results and Nasty Gal is making excellent progress in its first year. Our focus remains on the customer proposition: offering the best range of the latest fashion at affordable prices, coupled with great customer service.”

Latest

M6 and M61 traffic LIVE as incidents and 'obstructions' spark Bank Holiday carnage

Drivers are facing long delays on two Lancashire motorways this morning following an 'obstruction' on the M6.The road is partially blocked on the northbound...

Salford City vs Notts County LIVE League Two play-off final as fans descend on Wembley Stadium

Hello and welcome to the League Two play-off final live blog as Salford City look to make history. The Ammies head down to Wembley...

Makerfield by-election RECAP as Elon Musk endorses Restore Britain

Reform say they 'clamp down' on any abuse of a proposed £5 billion tax break for workers doing extra hours, Robert Jenrick has said.The...

Wythenshawe dad goes viral for installing 12ft pool in garden – complete with a waterslide

That's one way to keep coolThe pool has its own filter and Liam uses chlorine to treat the water. "Let's not talk about costs..."...
Subscribe to our newsletter
Business Manchester will use the information you provide on this form to be in touch with you and to provide updates and marketing.
Don't miss

Buy last-minute Doja Cat tickets for huge Manchester gig this week

Doja Cat has four shows lined up in the UK this week.This article contains affiliate links, we will receive a commission on any sales...

National Lottery announces major Lotto change set to bring more chances to win

The change will come into effect on June 7Then in the second round, the same thing will happen again. The National Lottery explains: "A...

Century of Science: M&I Materials Celebrates 100 Years of Apiezon Legacy

Manchester-based M&I Materials is celebrating a major milestone in 2026, as its globally recognised Apiezon reaches 100 years of supporting cutting-edge scientific research and...

Makerfield by-election LIVE as Andy Burnham says vote could 'change Labour' and Reform 'ready to take on King of the North'

The first weekend of campaigning is set to get under way in Makerfield, in a by-election that Andy Burnham said could 'change Labour.'Mr Burnham,...

More News

Limb Loss and Limb Difference Awareness Month Marks the Start of Two New Charity Partnerships for Mobility in Motion

During Limb Loss and Limb Difference Awareness Month, Mobility in Motion has announced that it has formed new partnerships with Steel Bones and Finding...

Surprising ways you might be putting your phone at risk

We use our smartphones for everything. Checking traffic, catching up with friends, browsing the sales… they’re our instant source of information. But these devices also provide...

5 Essential health and safety tips for UK workplaces

If you want to keep a UK workplace safe and legally compliant right now, you need to focus on five specific pillars which are...