Boohoo remains in fashion as sales surge

Adam Kamani Image copyright PrettyLittleThing

Sales at Boohoo grew strongly in the last four months of 2018, in another sign that people are choosing online shopping over the High Street.

The online way retailer, which likewise owns the PrettyLittleThing and Nastygal fashion labels, recognized revenues in the four-month period jump 44% to PS328. 2m.

It revised its revenue growth forecast for the financial year to 43% -4 5 %, up from a previous estimation of 38% -4 3%

Boohoo sells clothes, accessories and shoes for the 16 to 30 -year-old market.

The company, which was founded in 2006, distributes its stock from a huge warehouse in Burnley, and it claims to have more than five million patrons .~ ATAGEND

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