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Boohoo brings in 50 million pounds via share listing

London - Boohoo has successfully fundraised 50 million pounds by listing close to 23 million shares. The money will be used to invest in the construction of a new warehouse as the brand continues to grow. The online fashion retailer announced on Wednesday morning it aimed to list 22,727,273 shares on AIM in order to raise enough capital to fund...

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MySale share price increases after co-founder pledges to buy shares

MySale co-founder and chief executive Carl Jackson shared his intentions to purchase up to 3 million pounds worth of shares, leading to a jump in shares from the fashion etailer on Wednesday, after a profit warning hit its majority shareholders earlier this week. Close to 140 million pounds was cut off the online retailer's brand value after...