in

Boohoo Cuts Outlook as Consumers Rein In Spending

Boohoo Appoints Former Asos, Amazon Executive as New CFO

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…


Posted by Editor

EU seeks trade sanctions on Russia over 'sham' Ukraine votes

EU seeks trade sanctions on Russia over 'sham' Ukraine votes

Clearsense teams with UPMC to help unlock unstructured data

Clearsense teams with UPMC to help unlock unstructured data