Retail News » Boohoo

Boohoo was making headlines again yesterday, but this time not for the right reasons. Just a couple of weeks ago industry experts were looking to the e-commerce giant as a shining example of how to triumph during the Covid19 crisis, as it closed its first quarter with a 45% increase on sales over the previous year and topped off its success by snapping up...

The Coronavirus crisis has taken it's fair share of victims in the world of retail, tolling the death knell for a whole slew of companies including Debenhams, Long Tall Sally, Cath Kidson, Warehouse and Oasis. And yet, recent news tells us all is not lost – Boohoo has stepped in and bought the online businesses of both Warehouse and Oasis for a bargain £5.25m....