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Boohoo set for bumper results

Boohoo is expected to announce an impressive set of first-half results this week, following on from strong first quarter earnings.

Sales for the first quarter of the year were up 106% to £120.1m – fuelled in part by the acquisition of US young fashion etailer Nasty Gal and the acquisition of a controlling stake in young fashion brand PrettyLittleThing.

Boohoo also attributed its growth to a broader range of products and strong brand image, as well as competitive prices and customer service. 

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