Boohoo sales surge in ‘strong start to the year’

Boohoo premium

Online fashion retailer Boohoo has posted a jump in group sales as it continues to “disrupt and capture market share”.

Boohoo group sales surged 39% to £254m during the three months ending May 31.

The fast fashion retailer posted strong revenue growth across all its geographies with the UK up 27% and its international markets up 56%.

Boohoo posted a 27% jump in sales to £123.5m and gross margin increased to 54.1% up from 52% for the same period last year.

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