Boohoo adopts new growth plan in effort to rebuild shareholder value
16th Feb 2023 09:00
(Sharecast News) - Retailer Boohoo revealed on Thursday that it had chosen to adopt a new growth plan following as part of an effort to drive long-term sustainable growth and rebuild shareholder value.
Read moreRBC Capital downgrades Ocado, Boohoo
26th Jan 2023 13:02
(Sharecast News) - RBC Capital Markets downgraded its stance on online supermarket Ocado and fast-fashion retailer Boohoo on Thursday.
Read moreBofA ML upgrades Asos, Boohoo to 'buy'
20th Jan 2023 09:07
(Sharecast News) - Bank of America Merrill Lynch upgraded Boohoo and Asos on Friday as it took a look at European online retail.
Read moreBoohoo trims full-year revenue forecasts
19th Jan 2023 08:52
(Sharecast News) - Fast fashion brand Boohoo trimmed full-year revenue guidance on Thursday after sales fell sharply in the last four months of 2022.
Read moreBerenberg downgrades Boohoo to 'hold', slashes target price
29th Nov 2022 09:37
(Sharecast News) - Analysts at Berenberg downgraded fast fashion retailer Boohoo from 'buy' to 'hold' on Tuesday and slashed its target price on the stock from 140.0p to 45.0p, stating the group was now "fighting on all fronts".
Read moreBoohoo ups stake in Revolution Beauty
28th Nov 2022 15:46
(Sharecast News) - Online fashion retailer Boohoo said on Monday that it recently increased its strategic investment in Revolution Beauty to 26.5% from 12.9%, making it the cosmetics group's biggest shareholder.
Read moreBoohoo deflects claims of poor working conditions at warehouse
23rd Nov 2022 09:49
(Sharecast News) - Boohoo responded to reports of poor working conditions at one of its facilities on Wednesday, saying the claims made by the Times were not reflective of its practices.
Read moreBoohoo will struggle to reinvigorate growth, says Liberum
11th Nov 2022 12:21
(Sharecast News) - Liberum said on Friday that fast-fashion retailer Boohoo "will struggle to reinvigorate growth" even after the opening of its new distribution centre in the US.
Read moreLiberum downgrades Boohoo to 'sell', shares tumble
2nd Nov 2022 10:42
(Sharecast News) - Fast fashion retailer Boohoo was under the cosh on Wednesday after Liberum cut the stock to 'sell' from 'hold' as it pointed to "a hard slog from here with much to do".
Read moreDeutsche Bank downgrades Boohoo to 'hold', slashes target price
14th Oct 2022 08:49
(Sharecast News) - Analysts at Deutsche Bank downgraded online retailer Boohoo from 'buy' to 'hold' on Friday, stating its view that online sales would return to structural growth after one year of post-Covid normalisation had been proven wrong.
Read moreCredit Suisse halves target price for Boohoo, cites significant damage to business model
29th Sep 2022 10:00
(Sharecast News) - Analysts at Credit Suisse slashed their target price for shares of Boohoo Group on the back of the deterioration seen in the online fashion group's sales over the first half.
Read moreBoohoo cuts full-year outlook amid challenging consumer backdrop
28th Sep 2022 07:14
(Sharecast News) - Fast-fashion retailer Boohoo cut its outlook for the full year on Wednesday and reported a slump in interim profit, as it pointed to a challenging consumer backdrop.
Read moreBoohoo cancelling orders with suppliers as sales slow - report
26th Sep 2022 08:00
(Sharecast News) - Fast fashion retailer Boohoo and discount chain Wilko are reportedly turning the screws on suppliers amid slowing sales and surging costs.
Read moreBoohoo buys 7.1% stake in Revolution Beauty
17th Aug 2022 08:20
(Sharecast News) - Fast fashion retailer Boohoo said on Wednesday that it has bought a 7.1% stake in Revolution Beauty, sending shares in the latter surging.
Read moreCMA launches 'greenwashing' probe into Asos, Boohoo and Asda
29th Jul 2022 09:53
(Sharecast News) - Two online fashion giants and a supermarket came under the scrutiny of the Competition and Markets Authority (CMA) on Friday, over the eco-friendly and sustainability claims made about products including clothing, footwear, and accessories.
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