Hoodies and T-shirts sell well but Covid means Christmas dress stocks are scaled back
A wave of negative publicity about working conditions at Boohoo’s Leicester suppliers has not dented demand at the online fashion retailer as sales rose by 45% during the coronavirus pandemic.
Pre-tax profits at the group, which owns Oasis, Warehouse, Pretty Little Thing, Nasty Gal and Karen Millen, jumped 51% to £68.1m as sales rose to £816.5m in the six months to 31 August, well ahead of the £773m expected by City analysts.
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