All Boohoo articles – Page 4
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News
Revolution Beauty reappoints board despite AGM vote
Revolution Beauty saw the reappointment of three board members at its annual general meeting on Tuesday, despite a majority vote to remove them.
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News
Revolution Beauty sales leap amid Boohoo requisition
Revolution Beauty has reported a jump in sales and believes it is “appropriate to update all shareholders on the group’s most recent trading performance” in light of the requisition notice by Boohoo.
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Opinion
‘Boohoo and Revolution Beauty’s management pageant has already got ugly’
The gloves are off at Boohoo and Revolution Beauty, where the first punches have been exchanged in a fight for control of the embattled makeup specialist.
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News
Boohoo drafts in beauty retail specialist to join Revolution Beauty coup
Boohoo has this morning proposed a third new member for Revolution’s board, despite the beauty retailer slamming its attempted boardroom coup yesterday and labelling the fashion pureplay’s approach as “value-destructive, opportunistic and self-serving”.
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News
Revolution Beauty threatens legal action against former CEO
Revolution Beauty is considering legal action against its founder and former chief executive Adam Minto amid an ongoing crisis at the brand.
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News
Boohoo seeks greater control of Revolution Beauty in boardroom coup
Boohoo, which owns a 26.6% stake in Revolution Beauty, announced its intentions to vote against the reappointment of the beauty brand’s senior executives as it moves to take control of the struggling business.
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Analysis
Are glory days over for Boohoo in the wake of Shein’s runaway success?
As both sales and profits slump for Boohoo amid the cost-of-living crisis in a highly competitive market, Retail Week looks at whether Boohoo can recapture its glory days in an era dominated by fast-fashion leader Shein
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News
Boohoo sales fall and profits halve
Boohoo has posted a drop in revenue in its year-end results, but said it was making progress on a return to growth in the second half of next year.
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News
Boohoo ‘demanding’ 10% discount from suppliers
Online fashion giant Boohoo has asked suppliers for a 10% discount on both its delivered and undelivered orders in a bid to control costs, according to a report in The Times.
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News
PrettyLittleThing boss Umar Kamani steps down after 12 years
PrettyLittleThing’s founder and chief executive Umar Kamani has announced he will step down from the fashion retailer after 12 years as he embarks on “new challenges and goals” and plans to “build new brands”.
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Gallery
Store gallery: Inside PrettyLittleThing’s new ‘pink haven’ showroom
PrettyLittleThing has unveiled its new London-based showroom and office facility located in “the heart of Oxford Circus”.
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Analysis
Can Shein maintain its upward trajectory and succeed where others have failed?
As Shein predicts its annual revenue will more than double to reach almost $60bn (£49.8bn) by 2025, and forecasts it will overtake the combined annual sales of both Inditex and H&M, it is clear the retailer is making waves within the fashion industry.
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News
Boohoo unveils new growth plan as it chases £5bn market cap
Pureplay fashion giant Boohoo has unveiled a new growth share plan in the wake of a “significantly decreased market capitalisation”.
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Analysis
How retailers are responding to Turkey and Syria earthquakes
In response to the humanitarian crisis in Turkey and Syria following the huge earthquakes on February 6, retailers have pledged to help victims, charities and first responders in the region, with many donating money, clothes and blankets.
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Opinion
‘Don’t write off the pureplays, despite a Christmas shocker’
As store shutters slammed down during lockdowns, some wrote off the likelihood of a bricks-and-mortar recovery. Now the same gloom has descended over pureplays. It was proven wrong then and it will be proved wrong now.
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News
Boohoo blames strong comparatives and long lead times for sales slump
Pureplay fashion giant Boohoo has blamed strong year-on-year comparatives and extended international delivery times for a slump in sales.
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News
Boohoo to cut 100 head office jobs across former Arcadia brands
Online fashion giant Boohoo has unveiled plans to axe around 100 jobs at its London head office.
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News
M&S poaches Boohoo director to head up menswear
Boohoo’s Mitch Hughes is to become Marks & Spencer’s new director of menswear.
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News
Debenhams and ex-Arcadia brands suffer losses in first year under Boohoo ownership
Debenhams and former Arcadia brands Dorothy Perkins, Burton and Wallis all suffered losses in their first year under Boohoo ownership.
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Analysis
The Retail Inn: How brands are using hotels as a shop window
The Retail Inn: How brands are using hotels as a shop window