US hedge fund Citadel takes 5% stake in Boohoo
6th Jul 2022 09:56
(Sharecast News) - Boohoo shares rallied on Wednesday as it emerged that US hedge fund Citadel had taken a 5.04% stake in the fast-fashion retailer.
Read moreTrainline CFO to join Boohoo
23rd Jun 2022 07:45
(Sharecast News) - Trainline chief financial officer Shaun McCabe is leaving the online ticketing platform to join fast-fashion outfit Boohoo, the company said on Thursday.
Read moreJP Morgan downgrades fast fashion retailers
21st Jun 2022 13:19
(Sharecast News) - JP Morgan has downgraded Asos and a clutch of other European retailers on Tuesday, on the back of the mounting cost of living crisis.
Read moreLiberum maintains 'hold' rating on Boohoo
16th Jun 2022 11:38
(Sharecast News) - Analysts at Liberum reiterated their 'hold' rating on retailer Boohoo on Thursday following the group's "weak start" to the trading year.
Read moreBoohoo Q1 revenues fall short of strong prior year comparatives
16th Jun 2022 07:44
(Sharecast News) - Retailer Boohoo said on Thursday that revenues had declined in the three months ended 31 May due to lockdown-fuelled buying at the same time a year earlier but were up 75% over the three-year pre-pandemic period, in line with prior guidance.
Read moreBoohoo reaches final settlement in US class action claim
24th May 2022 09:54
(Sharecast News) - Fast fashion retailer Boohoo has reached a final settlement in a class action claim brought against it after the company was alleged to have misled shoppers with fake promotions.
Read moreCredit Suisse downgrades Boohoo
16th May 2022 13:52
(Sharecast News) - Credit Suisse has downgraded Boohoo on growing headwinds, sending the shares in the fast fashion retailer lower.
Read moreShoreCap downgrades Boohoo on valuation grounds, lack of catalysts
6th May 2022 07:40
(Sharecast News) - Boohoo shares slumped on Friday after Shore Capital cut its rating on the fast-fashion retailer to 'hold' from 'buy' on valuation grounds, also citing a lack of catalysts and challenges ahead.
Read moreShares in Boohoo tumble as pandemic hits profits
4th May 2022 10:03
(Sharecast News) - Fast fashion retailer Boohoo Group reported a sharp decline in annual profits on Wednesday and warned of a difficult year ahead, causing the shares to tumble.
Read moreDeutsche Bank lowers target price on Boohoo
3rd May 2022 07:45
(Sharecast News) - Analysts at Deutsche Bank slashed their target price on clothing retailer Boohoo from 230.0p to 140.0p on Tuesday, stating the firm was set to see "more of the same".
Read moreBoohoo shares jump as sales growth meets expectations
10th Mar 2022 10:06
(Sharecast News) - Boohoo shares were surging on Thursday morning, after it reported fourth quarter net sales growth of 7% in a trading update, in line with guidance.
Read moreBoohoo suspends sales into Russia
3rd Mar 2022 14:31
(Sharecast News) - Online fashion conglomerate Boohoo Group confirmed on Thursday that it had suspended sales into Russia, in the wake of the country's violent invasion of Ukraine.
Read moreBarclays downgrades Boohoo to 'underweight'
9th Feb 2022 12:39
(Sharecast News) - Barclays downgraded Boohoo on Wednesday as it took a look at online fashion retailers.
Read moreRBC Capital downgrades Boohoo, lacks confidence in top-line recovery
25th Jan 2022 09:05
(Sharecast News) - RBC Capital Markets downgraded fast-fashion retailer Boohoo to 'sector perform' from 'outperform' on Tuesday, slashing the price target to 150p from 330p.
Read moreLiberum slashes target price for Boohoo, says 2H 2022 guidance was overoptimistic
4th Jan 2022 13:59
(Sharecast News) - Analysts at Liberum slashed their target price for shares of Boohoo, arguing that the global supply chain logjam wasn't the only factor behind the online fashion retailer's recent profit warning.
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