Young fashion etailer Boohoo.com is considering a sale of the business following a strong growth in profits
Boohoo is believed to have hired private equity and advisory firm Zeus Capital to explore its strategic options, including a possible sale.
According to The Independent, Zeus Capital’s advisory arm is believed to have already liaised with potential investors regarding buying a minority stake in the business.
Both Bohoo and Zeus Capital declined to comment.
The fashion website grew its pre-tax profits by 79% to £248,790 for the year to 29 February 2012, with sales up to £29m.
In a report published by analysts OC&C and Google earlier this year Boohoo was named as one of the top ten brands scoring the most consumer searches online.