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

Graduate scheme’s police detective results beat national average for seventh year

A scheme aimed at gaining graduates access to careers in the Police Force is celebrating best-ever results from its detective programme. Police Now, a registered...

Why your ads are showing to everyone except the people ready to buy

Have you ever experienced the frustration of investing so much in your ads and still struggling to get conversions? Yes, you can still rely on...

Northern business formation rebounds as new analysis shows strong business resilience in Manchester

New analysis by Your Company Formations suggests the UK's entrepreneurial economy remains remarkably resilient, with business formation recovering following regulatory changes while business closures...

New creative production house and studio space launches to meet growing demand for food and drink content

Glass Productions, a premium end-to-end creative production agency, and Glass Studio, its purpose-built dual kitchen studio space, are launching this month, bringing an ambitious new...
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

Kevin Ellam Unveils New Folklore Novel, The Ten Headed Shadow

A Story of Unity, Bravery and Resilience Inspired by Traditional Legends MILTON KEYNES, UK. July 2, 2026. Author Kevin Ellam has officially released his latest...

Louis Mulholland Unveils Upcoming Historical Novel Perfectly Imperfect

An Emotional Story of Strength, Acceptance and the Need to Belong UK, July 3, 2026 – Author Louis Mulholland will publish his latest novel, Perfectly...

SME Finance Demand Climbs 63% in Q2 2026 as Businesses Navigate Higher Costs

Fresh figures show working capital borrowing has nearly doubled over the past two years, while start-ups are now taking out larger loans than established...

Five sales metrics every Manchester startup should track

Manchester's tech and e-commerce startups often focus heavily on product development and marketing impressions. It's common to see founders celebrate website traffic peaks while...

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...