Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Boohoo to hit £1bn by 2020

Manchester-based etailer Boohoo is expected to grow by 50% this year, putting it on track to hit a turnover of £1bn by 2020.

Sales in the year to February at the business were £295m and profits were £31m.

Boohoo’s new acquisitions, Pretty Little Thing and US brand Nasty Gal, will help drive growth, according to John Stevenson of stockbroker Peel Hunt.

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.