Boohoo reaps in sale profit

Friday 12th January 2018 10:19 EST

The popular online fashion retailer, or you could say e-tailer, Boohoo has triumphed as it has boosted its sales for the year for the third time, thanks to a galore of acquisitions including NastyGal and PrettyLittleThing.

Boohoo's revenue has doubled to £228.2 million for the four months to 31st December 2017. Online sales such as the Black Friday Bonanza has also aided, and now it is touted that the company should grow 90% for the year to February.

The online e-tailer targets young consumers and they seem to have become a hit with them. Boohoo's share price has also leaped over 170% since it emerged in the London Stock Exchange in 2014.


Boohoo's sales forecast

100% Annual sales rise (four months to 31st December 2017)

46% Shares gain in the past year-old

£2.4 billion Market Value 

comments powered by Disqus

The Expansion of Heathrow Airport

Dear valued reader,

Here at Asian Voice, we are conducting an investigation in to the potential impacts of the expansion of London's Heathrow Airport. Following Parliaments' approval of the construction of a third runway, we are seeking to gain a better understanding of how the public feels regarding this sizeable proposal. We ask that you reply to our questionnaire so that we can get a feel of how our readers view the potential expansion. Views of those local to West London are particularly welcome.

to the free, weekly Asian Voice email newsletter