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Boohoo plots expansion with new warehouse

Boohoo has bought a new warehouse across the road from its current base on Widow Hill Road in Burnley, which will create an additional 125 jobs.

The new investment will take the total workforce in Burnley to 1,000 and follows the recent completion of the company’s £14m warehouse expansion in the Lancashire town.

The Manchester-based young fashion etailer reported a 35% rise in first-half sales to £90.8m for the six months ended August 31, although promotions led to a 220 basis point drop in gross margin to 60.1%.

 

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