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

Brighton vs Manchester United LIVE score and goal updates as Michael Carrick makes three changes

It's the final matchday of the 2025/26 Premier League season and Manchester United will end their campaign with a trip to Brighton.Michael Carrick has...

Makerfield by-election LIVE as first poll shows Andy Burnham and Reform in knife-edge race

The Liberal Democrats have announced the party's candidate for the upcoming Makerfield by-election as Stockport councillor Jake Austin.Councillor Austin was born in the constituency...

Jet2 flight from Tenerife in mid-air 'chaos' as pilot suffers medical emergency

A Jet2 flight from Tenerife to Birmingham was forced to divert to Porto after the pilot suffered a suspected heart attack mid-air22:04, 23 May...

Keir Starmer insists 'our plan is working' and says he will 'keep pushing forward'

Sir Keir Starmer plans to remain as Prime Minister, despite calls to quitDespite Sir Keir’s claims of success, both Mr Burnham and Mr Streeting...
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

Manchester Agency Eight Engines Shortlisted for GMCC Small Business of the Year Award

Manchester-based video marketing agency Eight Engines has been named a finalist for the Greater Manchester Chamber of Commerce (GMCC) Small Business of the Year...

Viral jacket potato phenomenon SpudBros is on its way to the Trafford Centre

The SpudBros tram van is heading to the Trafford CentreSharing a video walking around the Trafford Centre last month, Jacob said: "We get asked...

Office maintenance mistakes that can hurt productivity and profits

The physical maintenance of your office space easily becomes an afterthought when the focus is on processes and profit, but you ignore issues at your...

Makerfield by-election LIVE as first poll shows Andy Burnham and Reform in knife-edge race

The Liberal Democrats have announced the party's candidate for the upcoming Makerfield by-election as Stockport councillor Jake Austin.Councillor Austin was born in the constituency...

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...