Stay updated with breaking news from John Lyttle. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
/cloudfront-us-east-2.images.arcpublishing.com/reuters/TXMQWJRL5ZKG7N27I3KL4OXGXQ.jpg)
British online fashion retailer Boohoo (BOOH.L) said on Thursday it would invest 500 million pounds ($693 million) in the United Kingdom over the next five years, creating 5,000 jobs and increasing its ability to meet rising demand at home and abroad.
Boss John Lyttle said the company is working hard to become more sustainable but it will take several years to achieve.
Manchester-based online retailer, Boohoo, has outlined plans to invest £500m in the UK over the next 5 years.
British online fashion retailer Boohoo said on Thursday it would invest 500 million pounds in the United Kingdom over the next five years, creating 5,000 jobs and increasing its ability to meet... | August 12, 2021
Online retailer boohoo has insisted its clothing brands are not throwaway. speaking to our business correspondent sean farringdon, john lyttle said boohoo had a clear strategy for being more sustainable. boohoo chief executivejohn lyttle is rolling out hundreds of millions of pounds of investment across factories, offices and distribution centres like this one in burnley. this is where your order gets put together. when the picker is picking, picking out an order but actually it's a different customer, different brands. creating thousands of jobs but almost more crucially for his business, ins...