Boohoo.com (BOO)

Online women’s fashion brand Sosandar (SOS:AIM) bucked the retail sector doom and gloom this Christmas, with an acceleration in sales through the festive quarter triggering top line upgrades. Full year revenue is on track to top current market expectations and management is confident of delivering further growth in future years, although the shares cheapened 0.25p to 28p on news this year’s ...

The kindest description you could give the post-Christmas trading updates from the retail sector would be ‘mixed’. Some companies excelled, such as Next (NXT) maintaining its recent sales growth momentum, but others had a much harder time. Next’s strong online sales and the robust sales growth at purely web-faced fashion firm Boohoo (BOO:AIM) suggests the internet continues to take ...

Shares in bombed-out Quiz (QUIZ:AIM) slumped 10.25% to 16.85p on Wednesday, investors heading for the exits on news of worse than expected Christmas sales from the embattled fast fashion brand. Admittedly, the loss-making retailer managed to avoid yet another profit warning, but this was largely because expectations had already been lowered significantly and also reflected cost-cutting and a ...

Online fashion phenomenon Boohoo (BOO:AIM) put smiles on investors’ faces yet again on Tuesday, the shares adding 3.8% to trade at a new all-time high of 330p on news of another cracking quarter and a further earnings upgrade. Sales growth beat expectations over a record four months to December, as Boohoo bucked the wider sector doom and gloom over Christmas and delivered a record Black ...

UK stocks opened slightly lower today with the FTSE 100 off 0.17% at 7,600.4 while the FTSE 250 index was flat at 21,720. Gambling stocks were on the back foot following the banning of credit cards which comes into effect on April 14. GVC (GVC) was trading off 0.24%, William Hill (WHM) was 2% lower while Flutter Entertainment (FLTR) shares were 0.8% softer. Online fashion retailer Boohoo ...

Sentiment towards UK stocks has dramatically improved since the December general election vote result, as evidenced by widespread gains among UK-focused funds and investment trusts. FE Fundinfo data mined by Shares shows the most obvious open-ended fund beneficiaries of the ‘Boris Bounce’ from across the IA UK Equity Income, IA UK All Companies and IA UK Smaller Companies sectors have been ...

Smaller companies are often at the sharp end of positive and negative trends in the market and wider economy. A spirit of entrepreneurship and innovation can help small caps be at the forefront of change. At the same time more modest balance sheets and less diversified revenue can leave them exposed if the backdrop turns against them. In this article we look at some of the key themes which ...

Boris Johnson’s thumping general election victory saw a swathe of unloved stocks come charging back, with the Gervais Williams-run Miton UK MicroCap Trust (MINI) among them. Shares in the investment trust reversed more than a year of poor stock price performance to rally 4.7% to 50.9p with investors clearly far more confident that the Prime Minister can get his Brexit deal through Parliament ...

£4BN+ MARKET CAP JD Sports Fashion (JD.) +117% Retail sector darling JD Sports Fashion (JD.) sprinted higher once again in 2019. The branded sports and casual wear purveyor stormed into the FTSE 100 on record results and consistent earnings upgrades. Like-for-like growth in the core sports fashion business was driven by the savvy mining of an athleisure boom among youthful ...

Founders reaping the fruits of their labour, embattled bosses taking an act of faith in their struggling business and a finance director giving himself a big payday are among the most significant director deals of the past week. The biggest deal, announced today, comes from online fast fashion retailer Boohoo (BOO:AIM). FOUNDERS REAP BLACK FRIDAY REWARDS Co-founders Carol Kane and Mahmud ...

Despite expectations Black Friday could prove a damp squib early indications bode well for the UK’s hard-pressed retail sector. According to the latest BRC-KPMG Retail Sales Monitor, like-for-like retail sales increased by 0.4% this November when adjusted to take into account Black Friday and Cyber Monday. BRC chief executive Helen Dickinson says: ‘Once the figures are adjusted to take ...

Shares in pure-play online fashion purveyor Boohoo (BOO:AIM) bounced up 6.5p (2.2%) to 306p after the Manchester-headquartered retailer hailed ‘a record performance’ across the Black Friday weekend. Shares recently flagged Boohoo as one of our key clothing sector picks here, and today’s unscheduled update reassured the market that the positive momentum is being maintained. RAISING ...

Donald Trump’s move to slap tariffs on Brazil and Argentina stoked fresh concerns over global trade pushing UK stocks down in early trading. The FTSE 100 was off 0.2% to 7,272 while the FTSE 250 gave up 5 points at 20,676. Plumbing and heating distributor Ferguson (FERG) reported underlying profit up 5% to $433m for the three months to October while also maintaining its full year expectations ...

Clothing is one of life’s essential goods. We all regularly buy clothes and therefore one might assume it is a good place to invest. In reality, it is a highly competitive industry and historically there has been a wide gap between the best and worst performing shares in the sector. This Christmas season, including the frenzied and fiercely contested Black Friday and Cyber Monday events in ...

Shares in online fast fashion retailer ASOS (ASC:AIM) rallied 17% to £29.94 on Wednesday despite news of a two-thirds decline in full year profits. Instead investors in the one-time AIM darling concentrated on relief that there was not another damaging profit warning and the company's confidence that it can, and will, fix the operational issues that have dogged the company for ...

UK stocks opened weaker, dragged down by weakness in oil shares and US president Trump’s outburst at the United Nations General Assembly at China’s trade practices, saying he would not accept a bad deal. The FTSE 100 index was down 40 points or 0.6% at 7,254 while the FTSE 250 index was trading off 91 points at 19,813 points. Food retailer J Sainsbury (SBRY) reported good momentum in ...

The FTSE 100 opens marginally lower at 7,304 on Thursday after the Prime Minister was boxed in by Parliament overnight. MPs from both sides blocked both a no-deal Brexit and a call for a snap election. In addition a number of stocks are trading ex-dividend today, dragging on the index. After the close last night FTSE Russell announced its quarterly index review, making three changes to the FTSE ...

Continuing our look at the FTSE 350, this week we consider consumer stocks and pick five of our favourites. Three are from the FTSE 100 and two are from the FTSE 250. We’ve woven our picks in with some brand-new market research on Britain’s Favourite Brands which came out at the start of the month. During June and July YouGov (YOU:AIM) surveyed some 9,000 British consumers to find out ...

Fallen online fast fashion retailer ASOS (ASC:AIM) has asked suppliers to swallow discounts on its orders as the one-time AIM darling seeks to cut costs and fend off short-sellers following a slew of profit warnings. According to Drapers, ASOS penned a missive to suppliers to request a three per cent discount in prices on all stock it receives after 1 September. It argued the ‘necessary ...

Shares in pure-play online fashion retailer Boohoo (BOO:AIM) bounced 3.3% higher to 237.7p after confirming media speculation it has made an offer to acquire the online business of British brands Karen Millen and Coast from the administrators. The bid demonstrates the increasing clout and ambition of Boohoo, flourishing at a time when online fast-fashion peer ASOS (ASC:AIM) is struggling. It ...