Liberum slashes Boohoo price target but reiterates 'buy' rating
22nd Dec 2021 11:58
(Sharecast News) - Liberum slashed its price target on fast-fashion retailer Boohoo on Thursday to 200p from 360p but reiterated its 'buy' rating and said it was "keeping faith in the long-term story".
Read moreDeutsche Bank cuts Boohoo price target after profit warning
17th Dec 2021 09:27
(Sharecast News) - Deutsche Bank cut its price target on Boohoo on Friday to 230p from 370p after the fast fashion retailer warned on full-year profits a day earlier.
Read moreBarclays downgrades Boohoo on profit warning
17th Dec 2021 07:48
(Sharecast News) - Barclays has cut its rating on Boohoo Group after the fast-fashion retailer surprised with a profits warning.
Read moreBoohoo warns on profits, cites higher returns rates
16th Dec 2021 07:51
(Sharecast News) - Fast-fashion retailer Boohoo warned on full-year profits on Thursday as it pointed to higher returns in the UK and a weaker-than-expected performance in the US.
Read moreBoohoo close to settling US class action
4th Nov 2021 10:10
(Sharecast News) - Fast fashion retailer Boohoo said on Thursday that it is close to settling a California court case over fake promotions.
Read moreShoreCap reinstates coverage of Boohoo at 'buy', cites 'good entry point'
3rd Nov 2021 10:17
(Sharecast News) - Shore Capital reinstated coverage of fast-fashion retailer Boohoo with a 'buy' rating on Wednesday, having previously had a long-standing 'sell' on the shares, citing "a good entry point" at historical lows.
Read moreSunday newspaper round-up: Public sector pay, ITV, TSB
24th Oct 2021 15:46
(Sharecast News) - Public sector pay may be due for a rise, the Chancellor hinted on The Andrew Marr show. Sunak said that going forward a new pay policy would need to be set and that it would be a topic for next week's spending review. Public sector pay rises had been "paused" in 2021/22 expect in the NHS and for workers making less than £24,000. - Sunday Telegraph
Read moreUK retailers want human rights law to protect supply chain workers
22nd Oct 2021 10:23
(Sharecast News) - More than 35 retailers, manufacturers and investors including Tesco, John Lewis, Primark, Asos and Unilever have called on the UK government to introduce a legal requirement for companies to carry out human rights and environmental checks on their global supply chains.
Read moreBoohoo warns on costs as profit drops
30th Sep 2021 07:46
(Sharecast News) - Boohoo cut its sales guidance and warned on rising costs as the online fashion retailer reported a 20% drop in first-half profit.
Read moreBoohoo publishes global factory list
27th Sep 2021 12:32
(Sharecast News) - Boohoo has published details of the 1,100 factories it uses worldwide, as the online fashion retailer looks to boost transparency within its supply chain following last year's outcry over working conditions.
Read moreCredit Suisse upgrades Boohoo, says governments might ban Shein app
9th Sep 2021 15:30
(Sharecast News) - Analysts at Credit Suisse upgraded their recommendation for shares of Boohoo to 'outperform', telling clients that Western governments looked set to step in and "level up the playing field" against Chinese fashion retail app Shein.
Read moreWednesday broker round-up
25th Aug 2021 15:21
(Sharecast News) - Asos: Deutsche Bank initiates at buy with 5,400.0p target price.
Read moreDeutsche Bank initiates coverage of European clothing sector
25th Aug 2021 10:03
(Sharecast News) - Deutsche Bank initiated coverage on the European clothing sector on Wednesday, with a preference for "growth companies which have adapted to changing consumer habits".
Read moreBoohoo to create 5,000 jobs to meet demand
12th Aug 2021 08:46
(Sharecast News) - Boohooo said it would create 5,000 jobs and invest more than £500m in the UK over the next half-decade to meet growing demand for its fast-fashion clothes.
Read moreBoohoo responds to latest allegations of Leicester labour abuse
30th Jul 2021 11:10
(Sharecast News) - Online fashion giant Boohoo issued a response to the latest allegations of substandard working conditions in its factories on Friday, after Sky News claimed that workers in Leicester were still being exploited.
Read more