Boohoo Shares Soar

Boohoo have recently completed a fundraising mission to secure £50m. This money will go towards a new £150m warehouse in Burnley to form part of the company’s expansion plan.

Boohoo purchased brand PrettyLittleThing last December and are attributing some of their strong growth to this acquisition. Their revenue growth for the current financial year is now expected to be 10% higher than expected at 60%.

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