Join our community of smart investors

Boohoo interims overshadowed by supply chain woes

The fast fashion retailer reported a jump in pre-tax profits of more than half, but attention is focused on how the retailer will improve its supply chain
September 30, 2020

Boohoo’s (BOO) half-year results should have been cause for celebration for the fast fashion retailer. The company has emerged from the arrival of a global pandemic with healthy revenue and profit growth, which have helped to build a chunky cash pile. It made two acquisitions, increased its number of customers and managed to increase the average size of their baskets.

IC TIP: Hold at 382p
This is subscriber only content
Start your trial to keep reading
PRINT AND DIGITAL trial

Get 12 weeks for £12
  • Essential access to the website and app
  • Magazine delivered every week
  • Investment ideas, tools and analysis
Have an account? Sign in