All Boohoo articles – Page 4
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Opinion
‘Even by its own measures, Boohoo faces a long path to recovery’
Boohoo’s KPIs did not tell a happy story when the retailer posted its annual results this week, and achieving sustainable and profitable success will be a challenge as competitors such as Shein grow, writes George MacDonald
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News
Boohoo ‘well positioned’ for growth despite deepening losses
Fashion retailer Boohoo has said it is “well positioned to return to growth” despite widening losses and a drop in revenue and profit.
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Data
Ranking: The top 15 most productive fashion retailers
We’ve teamed up with our sister brand Retail Navigator to give you a rundown of the fashion retailers that have the lowest cost of staff to sales ratio, and are therefore the most productive players in the sector.
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Analysis
How significant are the new retail rules on greenwashing?
As retail giants Boohoo, Asos and George at Asda today signed formal agreements to make changes to their green claims as a result of action from the CMA, Retail Week explores the significance of this move for fashion retail.
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News
Asos, Asda and Boohoo pledge to clean up ‘misleading’ green claims
Asos, George at Asda and Boohoo have signed formal agreements to make changes to their green claims, following action from the Competition and Markets Authority (CMA).
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News
Exclusive: Asos and Boohoo turn to nearshoring as Red Sea crisis intensifies
Asos and Boohoo are relying on nearshoring their supply chains to navigate the ongoing challenges of attacks on container ships in the Red Sea.
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News
Boohoo shuffles top team as CFO Shaun McCabe steps down
Boohoo chief financial officer Shaun McCabe has stepped down from his role at the online fashion giant to be succeeded by Stephen Morana next month.
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News
Boohoo warehouse closures imminent
Fast-fashion giant Boohoo is set to shut down its Northamptonshire-based distribution centre putting 400 jobs at risk, according to reports.
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News
BBC finds Boohoo put ‘Made in UK’ labels on clothes made in South Asia
Fashion retailer Boohoo put ‘Made in UK’ labels on clothes made in South Asia, according to the BBC’s Panorama programme, which said the mislabelling could affect “thousands of clothes”.
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News
Boohoo eyes Leicester factory closure
Fashion giant Boohoo is mulling the closure of its Thurmaston Lane factory in Leicester and relocating its operations, according to reports.
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Opinion
Predictions: who will be retail’s winners and losers in 2024?
Who will fly and who will flop in 2024? Retail experts give their tips for the year ahead
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Analysis
Customer 2024: Three trends shaping the digital strategies of H&M, Nike, Ikea and more
As customer expectations continue to rise, retailers must make every online touchpoint count. Building on consumer research, we explore where retailers are already investing to stay ahead of the curve – and what trends will stick.
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News
Panorama investigation accuses Boohoo of ‘breaking ethical promises’
Fashion giant Boohoo has been accused of breaking promises to make its clothing fairly and ethically as new evidence has emerged of staff at the fashion giant “pressuring suppliers to drive prices down”, even after orders had been agreed.
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Data
Ranking: The 30 fastest-growing fashion retailers revealed
It has been a tough few years for fashion, and retailers have been battling to lead on style, value and quality despite skyrocketing return rates, competition for customer loyalty and bold sustainability targets.
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News
Boohoo threatened with £100m lawsuit
Fast-fashion retailer Boohoo is facing a potential £100m lawsuit from investors after modern slavery allegations slashed more than £1bn from its value.
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Interview
Q&A: PrettyLittleThing head of social on the power of social commerce
As PrettyLittleThing makes waves on TikTok Shop following its launch earlier this year, head of social at the fashion giant, Beckie Turnbull, spoke to Retail Week about the power of social commerce, the importance of trend-led products and plans to bring PLT’s TikTok Shop to the US
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Analysis
The issues plaguing Boohoo as it loses battle against Shein
As Boohoo posted a fall in revenue and profits earlier today for the six months to August 31, Retail Week looks at what’s going wrong at the fashion giant as it continues to fall behind in the fast-fashion battle.
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News
Boohoo revenue and profits decline as it issues double-digit profit warning
Boohoo has posted a fall in revenue and profits in the six months to August 31, but said it is working on “improved profitability and getting back to growth”.
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News
Frasers raises Boohoo stake for second time in a week
Frasers raised its stake in Boohoo for the second day in a row as it continues to build its “strategic investments”.
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News
Hundreds of redundant Debenhams staff triumph in legal battle
A total of 419 former Debenhams employees who were made redundant following the retailer’s collapse have won a legal battle after a tribunal judge ruled Debenhams had “failed in its duty to consult with its staff”.