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Boohoo bucks trend of UK retail lull - What the analysts say

2019-09-26 19:10:00| Daily apparel & textile news and comment - from just-style.com

Online retailer Boohoo has posted a 43% jump in first-half sales to GBP564.9m (US$702.1m) at a time when many UK retailers are battling slow-to-no sales growth. It marks the first time in the group's history that revenues have exceeded GBP1bn over a 12-month period. And with the recent acquisitions of women's pureplay retailer MissPap and British high street brands Karen Millen and Coast, its success shows no sign of waning anytime soon.

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Category:Consumer Goods and Services

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