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BBC News Published image copyrightBoohoo Boohoo has reported a 41% rise in full-year sales as home working fuelled demand for athleisure, making up for a slump in "going out" gear. The online retailer said customers bought more activewear and loungewear during the pandemic. But it saw "significant declines" in areas such as dresses and "going out" clothes due to Covid lockdowns. Over the year, Boohoo bought a number of High Street brands which foundered in the pandemic, including Debenhams. It also acquired Dorothy Perkins, Wallis and Burton from Sir Philip Green's Arcadia Group. Manchester-b...

Boohoo has said it is seeing “early rewards” after snapping up Debenhams and three Arcadia brands in rescue deals as it unveiled strong trading for the past year. The online fashion giant reported a 41% surge in revenues as it benefited from the online shopping boom during lockdown. The retailer said revenues jumped to £1.74 billion in the year to February 28 from £1.23 billion the previous year. It told shareholders on Wednesday morning that pre-tax profits lifted by 35% to £124.7 million as it was boosted by the sales increase. The group said it was helped by the “successful integr...

AN ONLINE fashion company and major Lancashire employer has report a large rise in profits.

Boohoo has said it is seeing “early rewards” after snapping up Debenhams and three Arcadia brands in rescue deals as it unveiled strong trading for the past year. The online fashion giant reported a 41% surge in revenues as it benefited from the online shopping boom during lockdown. The retailer said revenues jumped to £1.74 billion in the year to February 28 from £1.23 billion the previous year. It told shareholders on Wednesday morning that pre-tax profits lifted by 35% to £124.7 million as it was boosted by the sales increase. The group said it was helped by the “successful integr...

The online fashion giant reported a 41 surge in revenues as it benefited from the online shopping boom during lockdown.