Boohoo
Secret Sales secures $10m in a funding round led by Asos and THG investor
Secret Sales has raised $10m in Series B funding as it aims to become “Europe’s largest marketplace for non-full price fashion”. The news follows the first round of funding, which…
Read MoreTHG activist shareholder group boss joins Boohoo board
Online fashion retailer Boohoo has appointed John Goold, chief executive of Kelso Group Holdings which had recently increased its stake in THG, as a non-executive director. He will act as…
Read MoreWill Asos take on Boohoo in 2023? Analysts weigh in
Shares in two of the UK’s biggest online fast fashion retailers, Asos and Boohoo, have soared during 2023, despite being the focus of stock-shorting by bearish hedge funds. And there…
Read MoreBoohoo appoints ex-New Look boss as deputy chairman
Online fashion retailer Boohoo has appointed Alistair McGeorge, 63, as an independent non-executive director. McGeorge has stepped into the new role on March 31, succeeding Brian Small. He will also…
Read MoreBoohoo unveils plan to boost market cap seven-fold in the next 5 years
Boohoo has unveiled a plan to boost its market capitalisation seven-fold over the next five years.
The fast fashion retailer‘s value has dipped under £600 million with a current share…
Read MoreBoohoo ties up deal with what3words to offer more concise deliveries
Boohoo has announced a partnership with innovative location technology firm what3words, to offer its shoppers more concise deliveries.
Customers shopping on boohoo, boohoo man, Nasty Gal, Burton, Dorothy Perkins, Wallis,…
Read MoreAsos increases minimum spend for Premier members
Online clothing retailer Asos has upped the minimum spend required for Premier members to receive free next-day delivery.
Shoppers have reacted badly to the news as new CEO José Antonio…
Read MoreBoohoo suffers as shoppers return to the high street
Boohoo watched sales fall over Christmas as shoppers return to the high street and increased delivery times reduced the demand for ecommerce.
The fast-fashion retailer recorded revenues of £637.7 million…
Read More