Online fashion retailer Boohoo enjoyed ‘record’ results in the final four months of last year and has upped its performance forecasts, throwing its ailing bricks-and-mortar based counterparts into the shade.
The group, which has seen the likes of Little Mix and Love Island star Maura Higgins back its ranges, said all its brands, including Boohoo, Nasty Gal and Pretty Little Thing, performed ‘exceptionally’ over the period.
Bucking the recent retail trend for profit warnings and disappointing results over the festive period, Boohoo raised both its full-year revenue and margin outlook.
Boohoo Group PLC (LON:BOO) operates as an online fashion retailer in the United Kingdom, rest of Europe, the United States, and internationally. The company also provides its products under the boohoo, boohooMAN, PrettyLittleThing, Nasty Gal & Miss Pap brand names.