British online fashion retailer Boohoo on Wednesday warned on full year sales and profit, blaming the worsening macro-economic and consumer backdrop as it reported a 58 percent fall in first-half core earnings.
Shares in the group were down 10 percent at 08:38 GMT, extending 2022 losses to 73 percent, after it said it now expected revenue to fall about 10 percent over its full 2022-23 year, with a core earnings margin between 3 percent and 5…