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Boohoo's £1.7BILLION boom: Online fashion giant's sales soared by 41% in lockdown


Online fashion giant Boohoo today revealed a 41% surge in sales it raked in huge sims on the back of the online shopping boom during lockdown with Britons spending millions on lounge and sportswear while stuck at home.
The retailer, founded by billionaire Mahmud Kamani, said revenues jumped to £1.74 billion in the year to February 28 2021 from £1.23 billion in the previous year. 
The fast fashion retailer, which recently bought Debenhams, Dorothy Perkins, Burton and Wallis and was rocked by the Leicester sweatshop scandal, told shareholders on Wednesday morning that pre-tax profits were also lifted by 35% to £124.7 million because of the sales explosion caused by the pandemic. ....

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Future of Edinburgh Woollen Mill store in Brent Knoll saved after take-over


Future of Edinburgh Woollen Mill store in Brent Knoll saved after take-over
The future of the Edinburgh Woollen Mill store at Brent Knoll’s Sanders Garden Centre has been secured after new owners have taken it over.
The store is fully open again and has new stock in place following the take-over by Purepay Retail Limited.
A question mark had hung over the future of many Edinburgh Woollen Mill stores last year after the previous owners filed for administration.
The Edinburgh Woollen Mill Group had announced it was planning store closures, putting 21,000 jobs at risk across the UK.
A spokesperson at the Brent Knoll store told Burnham-On-Sea.com that staff are “relieved” by the news. ....

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