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Investegate announcements from boohoo group plc, Directors' Dealings and Issue of Equity

Submitting... John Lyttle, chief executive officer of Boohoo, said: "Full-year 2021 has been a year of significant investment for the group as we build a platform for the future and I am very pleased to report a strong financial performance. "We completed over £250m of acquisitions in the period, which included Oasis, Warehouse, Debenhams, Dorothy Perkins, Burton and Wallis, as well as the purchase of the remaining minority interest in PrettyLittleThing in a transaction that, to date, has resulted in substantial earnings enhancement for the group's shareholders. "Our newly-acquired brands ar...

AN ONLINE fashion company and major Lancashire employer has report a large rise in profits. Boohoo, which maintains a large distribution hub on Heasandford Industrial Estate, Widow Hill Road in Burnley, reported a 41 per cent rise in revenues as the firm benefited from the online shopping boom during lockdown. The company told shareholders on Wednesday morning that pre-tax profits lifted by 35 per cent to £124.7 million as it was boosted by the sales increase, while revenues jumped to £1.74 billion in the year to February 28 from £1.23 billion in the previous year. Boohoo chief exe...

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...

Boohoo bought goods including fashion clothing and accessories, according to a report by the liquidators 30th April, 2021 Debenhams placed its Irish arm into liquidation in April 2020 and hundreds of former workers have been picketing since then to enforce redundancy terms they had negotiated with the company. Picture: Rollingnews.ie The liquidators of Debenhams’ Irish operation sold fashion and clothing stock to Boohoo, the online fashion retailer, for £1.85 million (€2.1 million), new documents show. Boohoo, which is run by Irishman John Lyttle, bought a range of good...