500:
492:
230:
213:
433:, which found that the allegations of poor working practices in the company's supply chain were "substantially true", that its monitoring of the factories was "inadequate" due to “weak corporate governance”, and that its failure to assess the risk to workers during the coronavirus pandemic were "inexcusable". In November 2020 it appointed former judge Sir
29:
583:
In April 2017, Boohoo announced that its profits had almost doubled to £31 million on sales up 51% to almost £300 million. When the company was floated on the stock market in 2014, it was valued at £560m, and is worth about £2 billion as of April 2017. Internationally, the retailer suggests its
587:
Strong performance was reported in April 2018, when Boohoo announced almost double revenue from the previous year, up to £580 million, a pre-tax profit of £43.3 million and a 22 percent increase in customers. Boohoo has continued to experience strong performance with the last four-month period for
511:
with average prices of £17 as of March 2014, comprising 9,000 clothing lines. With a primary focus on the 16 to 24 year old age group, it sells clothing to over 100 countries and as of June 2014 had seven major markets, including the UK, the US, and France. Stock is purchased in small
404:
which claimed to have found that workers producing clothes for Boohoo at a
Leicester-based company were paid £3.50 an hour, less than half the UK minimum wage for over 25s. Boohoo again distanced themselves from the company, a representative stating "We are taking immediate action to thoroughly
289:
fashion clothing, with over 36,000 products. The company has acquired the brands and online presence of several defunct high street retailers, and also seen controversy over working conditions at some of its third party owned suppliers. Boohoo has since terminated the contracts with multiple
515:
As an online retailer, Boohoo utilise social media as an integral part of their marketing strategy. A social media manager was appointed in 2012, with all employees encouraged to assist the social media team by contributing messages and imagery. As of June 2019, boohoo had 6m
512:
quantities of between 300 and 500 items at a time, with repeat orders typically of 25% on those that sell well. Customers can order items up to midnight for next-day delivery, including on Sunday. Customer numbers increased by 29% throughout 2016–17, up to 5.8 million.
568:
During the year up to April 2017, customer browsing from mobile devices accounted for 70% of total sessions, an increase of 4% from the previous year, with downloads of its mobile app across the United
Kingdom, United States and Australia totalling around 2.2 million.
602:
In July 2020, the firm's share price fell 46% following allegations of malpractice at
Leicester factories. In 2024, years after the BBC News investigation, the company was accused of only making surface level changes regarding worker conditions in its factories.
443:
newspaper in
December 2020 traced Boohoo's supply chain to factories in Pakistan where workers claimed to be paid as low as £47 a month, less than the legal minimum wage, and ordered to work to shifts as long as 24 hours without receiving full overtime pay.
405:
investigate how our garments were in their hands, will ensure that our suppliers immediately cease working with this company, and we will urgently review our relationship with any suppliers who have sub-contracted work to the manufacturer in question."
474:
In
December 2021, Boohoo has announced the expansion of operations into five new markets within the Asian region including Japan, Korea, Singapore, Hong Kong and Taiwan. In August 2022, Boohoo implemented a £1.99 charge for returning products.
564:
and MissPap, all targeted at 16 to 35 year olds. PrettyLittleThing was acquired in
December 2016, with the retailer purchasing a 66% stake in the business at a cost of £3.3m, with the existing management team retaining the remaining shares.
413:
revelations. SLA said that after engaging with Boohoo's management team a number of times during the week, it found the online retailer's response to the allegations was "inadequate in scope, timeliness and gravity". On 15 July 2020 a
544:. From an initial 40 employees, the site has rapidly expanded into Burnley's largest employer, with workforce exceeding 3,500 in 2021. The company has acquired more buildings on the estate, formerly occupied by manufacturers such as
455:, Boohoo bought the brand and online business for £55 million. The deal did not include the firm's stores or workforce, leading to a predicted loss of 12,000 jobs. In February, Boohoo announced it was buying the former
482:
in 2023 found that Boohoo pressured its suppliers into providing discounts after agreements had already been made and orders meant to be fulfilled by Boohoo's
Thurmaston Lane factory were subcontracted out to Morocco.
548:, and plans to continue to grow in the town. Boohoo's head of logistics said in 2021, "Ease of distribution is key and the borough sits in the heart of the UK, whilst it also provides a skilled and varied workforce."
397:
produced a report that stated factories supplying Boohoo were not following to social distancing and forcing employees to work even if sick, claims that Boohoo denied. This was followed by an investigative report by
1636:
599:
reported at the time that "Boohoo has managed to capitalise on cosy clothing when its customers need comfort above all else." The company revealed a 45% increase in first quarter revenue.
577:
In the 10 months to
December 2013, Boohoo had sales totalling £92m, with a profit before charges of £10m. By February 2014, total sales had reached £110m, with profits of £11m.
378:
were bought out of administration by Boohoo for £18 million. Only the online employees were taken on by Boohoo and the standalone retail stores eventually closed. Early in the
720:
1626:
1366:
333:
which critics claim comes at a cost to those making the clothes and the environment. More than half of Boohoo's garments are produced in the UK, especially
Leicester,
1631:
1656:
64:
1621:
1568:
1105:
584:
140% growth to revenue of almost £40m has exceeded expectation, whilst growth in Europe was 44% and 42% for the rest of their international operations.
1052:
1019:
1151:
1419:
624:
1646:
580:
Turnover in the year to
February 2015 was £139.9m, an increase of 27% from the previous year, with an increase of gross profit by 31% to £85m.
1337:
894:
382:, Boohoo reported an increase in sales. In June 2020, Boohoo announced that it was to acquire the brands and websites of high street chains
341:. As of 2020, Boohoo bought an estimated 75%–80% of the clothing produced in Leicester. This was made possible when other retailers such as
802:
409:, an asset manager and a top 10 shareholder in the group, announced that it had sold most of its stake in the company a few days after the
648:
1641:
662:
990:
1392:
306:, who respectively serve as group executive chairman and executive director, and who previously supplied high street chains such as
507:
According to Chief executive Carol Kane, Boohoo can differentiate itself from its closest rivals, as all their clothing ranges are
938:
1594:
1308:
479:
364:
418:
MP said that it was 'shameful' that it took a pandemic for Boohoo to finally be taken to task for its workplace practices.
746:
319:
53:
1466:
379:
1249:
1203:
423:
303:
103:
318:(IPO) in March 2014, with its shares trading considerably above the 50p float price on the company's debut in the
282:
retailer, aimed at 16- to 30-year-olds. The business was founded in 2006 and had sales of £856.9 million in 2019.
908:
351:
1277:
426:
organisation which brings together retailers, unions and campaign groups to improve practice in supply chains.
419:
693:
422:, chairman of the Environmental Audit committee, also said that the company had not met a pledge to join the
915:
415:
394:
315:
536:
Since 2010 the company's main distribution centre has been located on the Heasandford Industrial Estate in
1661:
1651:
406:
326:. Valuing Boohoo at almost £600 million, the floatation saw Kamani net £135 million and Kane £25 million.
39:
323:
387:
185:
345:
reduced the amount they sourced from Leicester over concerns about working conditions. In 2017, the
1517:
1230:
868:
821:
783:
311:
499:
430:
1027:
754:
592:
557:
491:
464:
460:
257:
201:
173:
666:
448:
400:
375:
197:
189:
1444:
468:
342:
181:
895:"Boohoo responds to allegations of "forcing" Covid-19 positive to work - Retail Gazette"
721:"Boohoo.com shares soar on stock market debut as online retailer cashes in on IPO fever"
595:, Boohoo was reported to have turned a greater profit than in the previous fiscal year.
1569:"Boohoo booms and Primark plummets - how has coronavirus really affected fast fashion?"
545:
1615:
456:
434:
299:
177:
99:
47:
1110:
439:
383:
371:
356:
330:
279:
193:
1338:"Boohoo sales rise following investment in technology and the customer experience"
784:"Dark factories: labour exploitation in Britain's garment industry | Free to read"
57:
70:
508:
1495:
846:
541:
367:. Boohoo stated that the work had been subcontracted without their knowledge.
360:
338:
248:
222:
115:
1543:
1177:
1125:
1078:
1031:
963:
758:
429:
In September the company accepted the findings of a report by Allison Levitt
561:
517:
452:
346:
286:
253:
1106:"Boohoo selling clothes made by Pakistani workers 'who earned 29p an hour'"
1367:"The Drapers Interview: Carol Kane and Mahmud Kamani, co-founders, Boohoo"
1079:"Boohoo appoints former judge Sir Brian Leveson to probe company's ethics"
869:"Boohoo predicts revenue boost as it snaps up Oasis and Warehouse brands"
596:
525:
355:
found that factories in Leicester supplying Boohoo (along with New Look,
28:
1020:"'Incredible' Boohoo denying knowledge of factory allegations, says MP"
649:"Boohoo terminates contracts with suppliers in wake of pay allegations"
537:
521:
307:
81:
334:
1178:"Boohoo buys Dorothy Perkins, Wallis and Burton but 2,450 jobs lost"
1152:"Debenhams deal and Topshop talks put more than 20,000 jobs at risk"
803:"Boohoo booms as Leicester garment factories are linked to lockdown"
1496:"Boohoo online fashion retailer sees its profits double - BBC News"
1361:
1359:
937:
Caroline Wheeler; Amardeep Bassey; Vidhathri Matety (5 July 2020).
694:"Family behind Boohoo.com pocket £240m from sale of company shares"
498:
490:
1309:"Five strategies that helped boohoo.com grow annual sales by 51%"
1104:
Bland, Archie; Kelly, Shah Meer Baloch Annie (22 December 2020).
822:"Boohoo snaps up Karen Millen and Coast in £18.2m pre-pack deal"
747:"The story of a £4 Boohoo dress: cheap clothes at a high cost"
437:
to provide independent ethical oversight. An investigation by
1595:"Boohoo Accused of Face-Saving Changes Post Panorama Scandal"
471:
for £25.2 million, confirming the loss of around 2,450 jobs.
1303:
1301:
1299:
1420:"Boohoo expanding distribution capabilities at Burnley hub"
1467:"boohoo.com expands with acquisition of PrettyLittleThing"
1231:"Boohoo warns sales and profits to fall short of forecast"
820:
Naomi Rovnick; Jonathan Eley; Nic Fildes (6 August 2019).
267:
1518:"Fast-fashion chain Boohoo almost doubles sales in 2018"
1126:"Debenhams shops to close permanently after Boohoo deal"
1053:"Boohoo knew of Leicester factory failings, says report"
1563:
1561:
1278:"Boohoo determined not to be another fashion sob story"
1250:"Boohoo 'breaks ethical promises', BBC Panorama finds"
1637:
Companies listed on the Alternative Investment Market
1393:"Boohoo.com set for 360 jobs bonanza at Burnley site"
939:"Boohoo: fashion giant faces 'slavery' investigation"
1272:
1270:
588:
2019 experiencing a 44% jump in revenue to £328.2m.
964:"Boohoo investigates supplier over poor conditions"
847:"Tops and joggers in as Boohoo lockdown sales boom"
688:
686:
684:
495:
Western part of the distribution centre in Burnley.
263:
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237:
220:
207:
169:
161:
136:
126:
109:
95:
87:
77:
63:
45:
35:
1332:
1330:
1013:
1011:
447:In January 2021, following the collapse of the UK
1490:
1488:
665:. Boohooplc.com. 24 February 2014. Archived from
8:
991:"SLA ditches Boohoo over worker allegations"
862:
860:
21:
801:Bland, Archie; Kelly, Annie (4 July 2020).
503:Eastern section of the distribution centre.
1544:"Boohoo remains in fashion as sales surge"
27:
20:
1399:. Newsquest Media Group. 13 February 2014
393:In late June 2020, workers' rights group
370:In August 2019, the online businesses of
329:Boohoo has been criticised for promoting
1627:Internet properties established in 2006
1204:"Boohoo launches in five Asian markets"
611:
1632:Online retailers of the United Kingdom
777:
775:
1657:British companies established in 2006
663:"board of directors – boohoo.com plc"
7:
1622:Retail companies established in 2006
1229:Eley, Jonathan (28 September 2022).
619:
617:
615:
363:) were paying workers less than the
1445:"company overview – boohoo.com plc"
14:
745:Laville, Sandra (22 June 2019).
229:
228:
212:
211:
1418:Hodgson, Neil (12 March 2021).
867:Eley, Jonathan (17 June 2020).
782:O'Connor, Sarah (17 May 2018).
719:Simon Neville (14 March 2014).
1018:Butler, Sarah (15 July 2020).
349:television documentary series
298:Boohoo was founded in 2006 by
1:
1647:Companies based in Manchester
989:Powell, Emma (10 July 2020).
995:www.investorschronicle.co.uk
893:Nazir, Sahar (2 July 2020).
556:Boohoo also owns boohooMAN,
524:followers and 2.9m likes on
314:. The company completed its
16:Online fast-fashion retailer
1248:Hu, Zoe (6 November 2023).
290:suppliers because of this.
1678:
1642:Companies based in Burnley
1498:. Bbc.co.uk. 26 April 2017
424:Ethical Trading Initiative
26:
916:Labour Behind the Label
909:"Boohoo & COVID-19"
395:Labour Behind the Label
316:initial public offering
268:https://www.boohoo.com/
504:
496:
407:Standard Life Aberdeen
40:Public Limited Company
573:Financial performance
502:
494:
365:national minimum wage
324:London Stock Exchange
216:£1.768 billion (2023)
1397:Lancashire Telegraph
625:"Annual Report 2023"
591:In 2020, during the
478:An investigation by
278:is a British online
1424:thebusinessdesk.com
1344:. 29 September 2017
1235:The Financial Times
1059:. 25 September 2020
532:Distribution centre
487:Business operations
390:for £5.25 million.
239:Number of employees
23:
1473:. 14 December 2016
1471:Internet Retailing
1342:Internet Retailing
1313:Internet Retailing
1210:. 16 December 2021
1085:. 26 November 2020
505:
497:
416:Conservative Party
322:sub-market of the
285:It specialises in
1546:. 15 January 2019
1184:. 8 February 2021
1158:. 25 January 2021
1132:. 25 January 2021
593:COVID-19 pandemic
558:PrettyLittleThing
552:Corporate affairs
380:COVID-19 pandemic
273:
272:
258:PrettyLittleThing
1669:
1607:
1606:
1604:
1602:
1591:
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979:
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943:The Sunday Times
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923:
913:
905:
899:
898:
890:
884:
883:
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864:
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853:. 22 April 2020.
843:
837:
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621:
520:followers, 1.1m
449:department store
401:The Sunday Times
276:Boohoo Group plc
232:
231:
215:
214:
73:
31:
24:
22:Boohoo Group plc
1677:
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1612:
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1600:
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1593:
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1578:
1576:
1573:Euronews Living
1567:
1566:
1559:
1549:
1547:
1542:
1541:
1537:
1527:
1525:
1524:. 25 April 2018
1522:Financial Times
1516:
1515:
1511:
1501:
1499:
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1474:
1465:
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1448:
1447:. Boohooplc.com
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1364:
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1336:
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1315:. 28 April 2017
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873:Financial Times
866:
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826:Financial Times
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725:The Independent
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623:
622:
613:
609:
597:Euronews Living
575:
554:
534:
489:
469:Dorothy Perkins
296:
256:
240:
233:£-75.6 million
225:
200:
196:
192:
188:
184:
182:Dorothy Perkins
180:
176:
157:
139:
129:
122:
118:
102:
69:
50:
17:
12:
11:
5:
1675:
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1509:
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1295:
1284:. 22 June 2014
1266:
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1044:
1007:
981:
955:
929:
900:
885:
856:
838:
812:
793:
771:
737:
711:
700:. 7 March 2014
680:
669:on 6 June 2017
654:
651:. 8 July 2020.
640:
610:
608:
605:
574:
571:
553:
550:
546:TRW Automotive
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33:
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15:
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10:
9:
6:
4:
3:
2:
1674:
1663:
1662:2020s fashion
1660:
1658:
1655:
1653:
1652:Kamani family
1650:
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1635:
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1596:
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1575:. 22 May 2020
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1208:Inside Retail
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970:. 6 July 2020
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