Boohoo Group news and archive

Karen Millen launches rental service

Womenswear brand Karen Millen, part of the Boohoo Group, has launched its own fashion rental offering powered by My Wardrobe HQ (MWHQ). Karen Millen Rotates allows customers to rent more than 40 styles from four to fourteen days in UK sizes 6-16, from eveningwear to luxe tailored designs including dresses, jumpsuits, trousers and coats. The...

Business

Debenhams launches Mirakl-powered marketplace

Boohoo-owned Debenhams has launched a new marketplace powered by Mirakl to “meet evolving customer demand” that will allow it to offer more than 70,000 new products. The Mirakl-powered SaaS platform will allow the fashion and beauty retailer to continue to build a strong online presence, following its acquisition by the Boohoo Group in January...

Fashion |In Pictures

Inside the PrettyLittleThing hotel

With staycation demand in the UK at an all-time high, fast-fashion e-tailer PrettyLittleThing is looking to offer an “instagrammable” experience with the opening of its own pop-up hotel in Devon. The PrettyLittleThing Hotel promises guests the “ultimate” staycation with friends and marks the retailer’s first endeavour in the hospitality...

BusinessFeatured

Debenhams launches first brand campaign since joining Boohoo Group

British retailer Debenhams is cementing its new brand direction as a digital-first department store with its first brand campaign since its acquisition by the Boohoo Group in January 2021. The nationwide, multi-media campaign launches on June 25 to reposition the retailer as a digital-first destination for fashion, beauty and home for the whole...

Business |TIMELINE Featured

Boohoo’s rise from small-scale UK retailer to fashion giant

On Monday, online fashion retailer Boohoo acquired brands Burton, Dorothy Perkins, and Wallis from Arcadia Group Limited’s joint administrators for 25.2 million pounds. That came just weeks after the fast-fashion giant acquired Debenhams Retail Limited for 55 million pounds in cash. The two deals will see Boohoo take over the online operations...

BusinessFeatured

Boohoo ups full year guidance on strong holiday sales

For the four months to December 31, 2020, Boohoo Group plc reported strong revenue growth of 40 percent to 660.8 million pounds, with growth across all brands and geographies. Gross margin for the four months was 53 percent, down 50 bps year on year. Following the strong peak trading performance, the group expects revenue growth for the...

Fashion

Karen Millen launches new premium collection

Fashion brand Karen Millen, which became part of the Boohoo Group in 2019, has launched a new premium collection, Black Label. The new premium offering is a curation of investment pieces, explained Karen Millen in a statement, and features an edit of luxurious dresses, separates and outerwear with a “considered focus on exquisite materials” made...

Fashion Featured

Boohoo posts strong Q1, acquires Oasis and Warehouse

Revenues in the first quarter at Boohoo Group totalled 367.8 million pounds (462.4 million dollars), up 45 percent year on year, with strong underlying growth across Boohoo, PrettyLittleThing (PLT) and Nasty Gal. The group has also announced the acquisition of fashion brands, Oasis and Warehouse, for 5.25 million pounds in cash. Commenting on...

People

Boohoo appoints Kath Smith as independent non-executive director

Boohoo Group Plc has announced the appointment of Kath Smith to the board as an Independent Non‐Executive Director, with effect from May 1, 2020. Smith, the company said in a statement, is currently a Non‐Executive Director of JD Sports Fashion Plc. Commenting on the development, Mahmud Kamani, Group Executive Chairman oft he group said: “I am...

BusinessFeatured

Boohoo posts strong revenue and profit growth

Revenues at Boohoo Group Plc for the year increased by 44 percent at current and constant exchange to 1.235 billion pounds (1.52 billion dollars) with strong revenue growth across all territories and brands. However, since the middle of March, trading has been mixed, as a result of the impact of the Covid-19 pandemic, initially with a marked...

People

Boohoo Group names Brian Small as deputy chairman

Boohoo Group plc has announced that Brian Small has been appointed as Deputy Chairman of the board with immediate effect. Brian is an existing independent non-executive director, appointed in April 2019, and currently serves as Chair of the group’s audit committee. Commenting on Small’s new role, Mahmud Kamani, the Boohoo Group’s Executive...

Business

Boohoo acquires women's etailer MissPap

Boohoo Group plc has acquired the brand and intellectual property assets of women’s pureplay fashion brand MissPap for an undisclosed amount. The news follows on the heels of a number of acquisitions by the group in recent years. In 2017, Boohoo acquired Nasty Gal for 16 million pounds, while in 2016 it acquired a majority stake in Pretty Little...