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 use cookies to personalise your experience; learn more in our Privacy and Cookie Policy. You can opt out of some cookies by adjusting your browser settings; see the cookie policy for details. By using this site, you agree to our use of cookies.

Revenue jumps 39% at Boohoo Group

Boohoo Group has reported a 39% increase in revenue to £254.3m for the three months to 31 May.

After “continued strong growth” across all of its brands, which include Boohoo, PrettyLittleThing and Nasty Gal, revenue rose 27% in the UK and 56% internationally.

Sales were up 27% to £123.5m at Boohoo; 42% to £112.1m at PrettyLittleThing and 153% to £18.2m at Nasty Gal.

The company said trading in the first quarter has been “strong” and that it expects group revenue growth to be 25%-30% at the end of the 2019/20 financial year.

It also hopes for an adjusted EBITDA of “around” 10%.

john lyttle

John Lyttle

CEO John Lyttle commented: “The group has made a strong start to the year. We have ambitious plans for the group and continue to invest, to ensure that our multi-brand platform is well-positioned to disrupt, gain market share and capitalise on the global opportunity in front of us.”

Last week, the chair of the environmental audit committee (EAC) wrote to Boohoo over concerns that it refused to meet with trade union representatives. 

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.