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Boohoo customer's horror as £24 jumpsuit transforms her into a 'melted disco ball'
Source: https://www.mirror.co.uk/news/weird-news/boohoo-customers-horror-24-jumpsuit-31662309
Boohoo slumped to a pre-tax loss of £90.7m in the year to February 28, 2023 as the cost-of-living crisis squeezed shoppers and more returned to the High Street.
Source: https://www.manchestereveningnews.co.uk/news/boohoo-vows-keep-prices-down-26922549
However, it could be that Mr Murray and his team see this simply as a way to make a quick buck, with a view to flipping the shares if Boohoo succeeds with its turnaround plans.
Source: https://www.heraldscotland.com/news/23858844.boohoos-woes-provide-fuel-growth-frasers/?ref=rss
In 2020, it emerged that some funds had stakes in Boohoo, apparently believing they could inspire a fast fashion business to become virtuous.
Losses at fashion giant Boohoo widened during the first half of its financial year as it identified £125m of cost savings.
Source: https://www.business-live.co.uk/retail-consumer/losses-widen-sales-tumble-boohoo-27830539
More retailers are starting to charge shoppers for sending back online purchases, with UK fashion chain New Look introducing a fee following similar moves by Zara and Boohoo last year.
Source: https://www.irishexaminer.com/business/companies/arid-41077274.html