All Boohoo articles
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NewsBoohoo shareholders deliver slap in the face to Frasers Group
Attempts by Frasers Group to install founder Mike Ahsley on the board of online fashion specialist Boohoo have been rebuffed.
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NewsDebenhams promotes from within as it names new creative director
Fashion retailer Debenhams, which is owned by Boohoo Group, has promoted from within to name a new creative director at the business.
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NewsBoohoo’s London office buyer has walked away from the £60m sale
Boohoo’s financial recovery efforts are under pressure after a potential property investor abandoned negotiations to purchase its London office.
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NewsBoohoo warns ‘desperate people do desperate things’ after criticism from Frasers about ‘grossly exaggerated’ remarks
Boohoo has said that “desperate people do desperate things” in response to another open letter by Frasers Group addressed to shareholders as the ongoing public spat between the two continues.
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NewsDebenhams brings ‘greater value than entire group’, says Boohoo boss
The newly appointed chief executive of Boohoo, Dan Finley, has said that the Debenhams brand brings “greater value than the entire market cap” of the Boohoo group.
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NewsBoohoo has urged shareholders to consider Frasers Group's 'true motivation'
Boohoo has written to shareholders urging them to consider the “true motivation” behind Frasers’ behaviour as they prepare to vote for Mike Ashley’s resolutions at a general meeting tomorrow.
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NewsBoohoo urges shareholders to vote against Mike Ashley as board change is ‘not warranted’
Boohoo Group is urging shareholders to reject the “fresh ideas” of Mike Ashley ahead of its upcoming general meeting amid his bid to secure a seat on the board.
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NewsFormer Boohoo boss Lyttle cited stalking concerns among reasons for departure
Ex-Boohoo chief exexutive John Lyttle left the retailer amid concerns over stalking and “corporate espionage” made by various executives.
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NewsPolice investigating Boohoo stalking allegations
Police have been called in to investigate allegations of stalking and “corporate espionage” made by several Boohoo Group executives.
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NewsDebenhams sales have soared after ‘intense online shopping period’
The online department store announced a 65% increase in sales since last year with well-known brands driving the retailer’s popularity with online shoppers.
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NewsBoohoo partially repays loan as co-founder buys more shares in embattled fashion retailer
Fast-fashion giant Boohoo has announced the partial repayment of its £97m term loan as part of its recently completed refinancing.
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AnalysisWhat will Frasers and Mike Ashley do if he finally gets his hands on Boohoo?
Retail Week takes a closer look at what actions Mike Ashley is likely to take if he can seize control of Boohoo, as the battle between the fashion retailer and Frasers becomes increasingly fraught
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NewsFrasers demands that Boohoo chair Kamani is replaced by Mike Ashley
In the latest escalation of the public war of words between the two retailers, Frasers has this morning publicly called for Boohoo founder and chair Mahmud Kamani to step down.
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NewsBoohoo has raised £40m to fuel its turnaround
Boohoo has completed a fundraising round to fuel its turnaround amid a boardroom bust-up with its biggest shareholder.
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NewsBoohoo scrutinised for returning to a supplier it struck off after a modern slavery scandal
Boohoo is facing renewed scrutiny over its ethical practices after rekindling a relationship with a supplier it cut ties with in the wake of a modern slavery scandal.
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NewsBoohoo chief executive says all options are on the table as he commences business review
Boohoo’s new chief executive Dan Finley said he is considering all options as the retailer commenced a review of the business after losses deepened.
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Retail Navigator AnalysisBoohoo Group (Financials)
In a challenging retail environment, particularly for ecommerce as consumers continue to return to physical stores, the group’s performance for the year to 29 February 2024 (FY2023) came under further pressure, impacted by increased inflation and the cost-of-living crisis hitting consumer demand. Group revenue slumped 17.4% year on year to £1.46bn in FY2024, having fallen 10.8% to £1.77bn the previous year, while pre-tax losses widened to £159.9m.
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NewsBoohoo calls on shareholders to reject Frasers’ proposals as losses deepen
Boohoo has this evening called on its shareholders to vote against all the proposals set out by Frasers, insisting its existing board can turn the ship around even as its losses deepened in the first half.
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NewsPeel Hunt downgrades profit forecasts for six retailers due to Budget impact
Investment bank Peel Hunt has downgraded its profit forecasts for six retailers, including struggling fast fashion player Boohoo and cycling and motoring specialist Halfords, due to the effects of changes to national insurance made in the recent Budget.
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NewsBoohoo outlines ‘concerns in relation to Frasers’ behaviour’ as battle continues
Boohoo has written a new letter highlighting “concerns in relation to Frasers’ behaviour” as the two retailers continue their public battle over the company.