Boohoo has confirmed its results for the six months for 31 August. The high growth fashion business reported revenues of £181.8 million for the Boohoo brand plus £72.7 million for Pretty Little Thing, up by 43 per cent and 289 per cent respectively. Pre-tax profits had also risen significantly, up by 41 per cent, to £20.3 million.
Joint CEOs Mahmud Kamani and Carol Kane commented “Boohoo’s revenue has continued to grow across all geographies, with international growth being strongest as we continue to increase our market share overseas, and the newly acquired Pretty Little Thing has exceeded our growth expectations. Pretty Little Thing is fast gaining recognition amongst our target customers as a highly desirable fashion brand in the UK, and its international growth is very encouraging, confirming its considerable potential.”
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