Nasty Gal news and archive

Debenhams plans new websites for Ireland and Australia

Boohoo-owned Debenhams is preparing its expansion into international markets, with new websites set to launch in Ireland and Australia before Christmas. This is according to CEO Dan Finley, who confirmed in an interview to Drapers that the return to these markets was part of a wider expansion drive. This will also involve the launch of a Nasty...

BusinessFeatured

Timeline: Behind Boohoo’s boulevard of broken promises

By now, the ongoing controversies surrounding Boohoo’s supply chain are no secret. The past five years in particular have seen a period of turbulence take hold over the company’s production process, as mounting investigations slowly unveil the slew of seemingly broken promises made by the company to fix what it repeatedly says has not been...

Business

Boohoo enters Indian market through Myntra partnership

British fashion retail group Boohoo has entered the Indian market for the first time via a partnership with the region’s multi brand platform Myntra. As part of the launch, three of the group’s owned brands – Boohoo, Dorothy Perkins and Nasty Gal – are now available to shop through the site, offering over 1,500 goods across a multitude of...

BusinessFeatured

Boohoo issues profit warning as consumer demand slumps

For the six months to August 31, Boohoo Group’s net revenue declined 10 percent to 882.4 million pounds amid “macro-economic headwinds facing both consumers and businesses”. The company said it expects for a similar rate of revenue decline to persist over the remainder of the financial year if the “current conditions” continue. Boohoo now...

Business

Boohoo names Shaun McCabe as new CFO

Boohoo has announced the appointment of Shaun McCabe as chief financial officer (CFO). McCabe, the company said in a statement, is expected to take up his new role later this year and will succeed Neil Catto whose role will transition to an executive director, remaining on the group board, with responsibility for strategic projects. Commenting...

BusinessFeatured

Boohoo revenues decline

Boohoo Group has reported an 8 percent year-over-year drop in revenue to 445.7 million pounds in the first quarter of the year, which it said was in line with expectations and against a strong prior year performance linked to lockdowns. Revenues increased 75 percent over the three-year pre-pandemic period. Commenting on the quarterly...

BusinessFeatured

Boohoo forecasts flat sales growth in H1 2023

Boohoo Group Plc recorded a revenue increase of 14 percent reported and currency adjusted to 1.983 billion pounds in the year to February 28, 2022. Revenue over the two-year period increased by 61 percent from 1.235 billion pounds in 2020, at a time when apparel markets globally remain below pre-pandemic levels. The company said that the trends...

BusinessFeatured

Boohoo delivers sales growth in line with forecast

Boohoo Group has delivered net sales growth in the fourth quarter of 7 percent and full year increase of 14 percent, in line with guidance. In the fourth quarter, gross sales growth was 26 percent versus last year and 57 versus two years ago. The company said the net sales growth in the quarter was impacted by higher returns rates year on year...

BusinessFeatured

Boohoo lowers full year forecast

Boohoo Group witnessed gross demand growth in the third quarter compared to the first and second quarters of the financial year, however the company said, expectations for the financial year ending February 28, 2022 will be lower than previously guided. Commenting on the third quarter trading and outlook, John Lyttle, Boohoo Group CEO, said: “...

Fashion

Nasty Gal and Sports Illustrated launch athleisure collection

Fashion e-commerce site Nasty Gal has partnered with media platform Sports Illustrated on an athleisure capsule. In the 20 piece collection, shoppers can find a range of co-branded sweatshirts, bicycle shorts and matching sets all inspired by 80’s sportswear, with the clothing brand aiming for a luxe-athleisure aesthetic combined with functional...

Fashion

Nasty Gal launches sustainable collection with Jen Ceballos

Nasty Gal has launched a sustainable-focused collection with stylist and model Jen Ceballos of Endlessly Love Club. The limited-edition 40 piece drop comprises clothing made from recycled fabrics, organic cotton and reworked vintage looks. The collection features ‘90s vintage reworked silhouettes and accessories created from denim off-cuts that...

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...