Boohoo swings back to profit as turnaround accelerates, net debt nears zero
23rd Oct 2026 07:15
(Sharecast News) - Debenhams parent company Boohoo Group said on Friday that its turnaround continued to gather momentum in the first half, with a sharp swing back to profit and a further reduction in net debt.
Read moreBoohoo says turnaround continuing 'at pace'
17th Sep 2026 13:04
(Sharecast News) - Boohoo said on Thursday that growth had accelerated in the second quarter as the company's turnaround continues "at pace".
Read moreBoohoo sells Nasty Gal to WSG for $16m
15th Sep 2026 16:11
(Sharecast News) - Boohoo said on Tuesday that it has sold the Nasty Gal brand to White Space Group New York (WSG) for $16m (£11.9m) in cash.
Read moreBoohoo to cut net debt after sale of Sheffield distribution centre
10th Sep 2026 09:59
(Sharecast News) - Boohoo said on Thursday that it has sold its Sheffield distribution centre and reassigned the lease to Primark Stores Limited for £90m in cash - a move that will reduce net debt to a negligible level.
Read moreBoohoo secures sublease for unused US distribution centre
12th Jun 2026 11:20
(Sharecast News) - Boohoo said on Friday that it has completed the sublease of a distribution centre in the US that it no longer uses to ID Logistics, mitigating a "material future liability".
Read moreBoohoo returns to growth, shares spike
3rd Jun 2026 08:30
(Sharecast News) - Shared in Boohoo Group soared on Wednesday, after the Debenhams-owner reaffirmed its outlook following a strong start to the year.
Read moreBoohoo boosts outlook as turnaround gathers pace
30th Mar 2026 11:47
(Sharecast News) - Boohoo Group said on Monday that annual profits were on track to "comfortably" beat guidance, fuelled by a robust second half, as the online retailer's turnaround gathered strength.
Read moreDebenhams Group raises £40m to support turnaround plan
19th Feb 2026 09:08
(Sharecast News) - Debenhams Group, the online retail platform formerly known as and still trading on AIM as Boohoo Group, said on Thursday that it has completed an oversubscribed and upsized equity raise, securing £40m in gross proceeds to support its turnaround strategy.
Read moreDebenhams lifts profit forecast, will keep PLT after strong performance
28th Jan 2026 07:59
(Sharecast News) - Debenhams Group on Wednesday upgraded profit forecasts, helped by better-than-expected performances across its brands and said it would retain the PrettyLittleThing business.
Read moreEarnings tick higher at Boohoo, shares surge
27th Nov 2025 08:40
(Sharecast News) - Online fashion retailer Boohoo Group insisted its turnaround was gathering pace on Thursday, despite seeing sales slide across some of its biggest brands, as it cut costs and narrowed losses.
Read moreSunday newspaper round-up: Sainsbury's, Bank of England, Predators
14th Sep 2025 19:45
(Sharecast News) - Sainsbury's has balked at Chinese retailer JD.com's attempt to revise a bid for its Argos unit. That talks had been ongoing had been revealed just 24 hours before by the Telegraph. According to the UK retailer, JD was not willing to continue talks on the basis of its initial deal, only on "a materially revised set of terms and commitments". The talks have now been terminated. - The Sunday Times
Read moreDebenhams posts widening of losses but outlook upbeat
26th Aug 2025 14:41
(Sharecast News) - Debenhams Group - which rebranded from Boohoo earlier this year - reported a widening of its full-year losses on Tuesday as revenue fell, but struck an upbeat note on the outlook and said it was exploring the sale of PLT.
Read moreFrasers calls for suspension of Boohoo vice chair Mahmud Kamani
14th Aug 2025 07:49
(Sharecast News) - Retail conglomerate Frasers Group has written an open letter to Boohoo, calling for the suspension of executive vice chair and co-founder Mahmud Kamani and requesting an independent investigation into loans he made to the fast fashion company's suppliers.
Read moreDebenhams Group 'continues to review' debt facilities
24th Jul 2025 15:00
(Sharecast News) - Debenhams Group - the newly rebranded Boohoo - said on Thursday that it continues to review its debt facilities "in the ordinary course of business".
Read moreShore Capital upgrades Boohoo to 'hold' after shares tank
23rd Apr 2025 07:36
(Sharecast News) - Shore Capital has upgraded its stance on Boohoo from 'sell' to 'hold' following a big slump in the fast fashion retailer's share price over recent months.
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