Caveat: €58m bonus play of Boohoo's Irish chief could become a crying game
Inflation has slowed the online fast fashion retailer’s growth
Source: irishtimes.com
📰 John Lyttle News
Page 15 - John Lyttle News Today
Fast, Ad-Free News Updates
Stay updated with breaking news from John Lyttle. Real-time updates on events, politics, business and more.
Tears at Boohoo as online-only retail group sees profits plummet as stores re-open
Online fashion retailer Boohoo has hit some major bumps in the road as the Vaccine Economy takes shape.
Source: diginomica.com
Boohoo's profits and share price plummet as returns surge
Boohoos annual pre-tax profits slumped to £7.8m, down from £124.7m a year earlier, amid sky-high freight and distribution costs and dwindling shopper demand.
Source: dailymail.co.uk
boohoo group total group sales +61% since FY2020 - DirectorsTalk Interviews
Boohoo group total group sales +61% since FY2020
Source: directorstalkinterviews.com
Boohoo Group prioritises efficiencies as FY pre-tax profit drops 94%
Statutory full-year profit before tax at Boohoo Group was GBP7.8m (US$9.7m) for the year ended 28 February, down 94% on the year prior.
Source: just-style.com
Europe slips back as attention turns to the FOMC
Europe slips back as attention turns to the FOMC
Source: cmcmarkets.com
Growth slows at Boohoo
Adjusted profit before tax was £82m, a year-on-year fall of 45% from £149.9m in 2021, and a fall of 24% on a two-year-basis, when it was £108.3m. Gross
Source: drapersonline.com
Boohoo tumbles as reality of online clothes shopping hits home | Nils Pratley
Its cheerful chief believes the firm is well positioned to bounce back, but that may not happen very soon
Source: theguardian.com
Boohoo Group PLC and Flutter Entertainment Plc set for Wednesday's spotlight
Investors in Boohoo Group PLC will be hoping for a better performance than seen over at digital fast-fashion rival ASOS, as it releases its final results on...
Source: proactiveinvestors.com
Hefty US Fed hike expected, with Flutter Entertainment PLC and Boohoo offering US angles too
Markets are pricing a Federal Reserve interest rates hike of 50 basis points on Wednesday, which has been telegraphed by several officials and chair Jerome...
Source: proactiveinvestors.com