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Boohoo.com Shares News & Articles

Market report: Melrose flies on aerospace sales while Boohoo struts its stuff

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 ...

Boohoo in fashion following bids for online businesses of Karen Millen and Coast

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 ...

Market report: British American Tobacco biggest FTSE 100 faller on vaping growth, Reckitt Benckiser also down

UK stocks opened lower on Wednesday as protests in Hong Kong against a controversial China extraditions bill intensified, while US-China trade tensions lingered. The benchmark FTSE 100 index was down 27.02 points, or 0.4%, at 7.371.43. British American Tobacco (BATS) fell 2.8% to £29.84 as it guided for revenue growth in its new category business, which includes vaping, at 'around the ...

Market report: Fast fashion retailers in the spotlight as resources drag on FTSE 100

On the day that the top job is advertised at the Bank of England it is figures from fast fashion businesses Boohoo (BOO:AIM) and Primark, and its owner Associated British Foods (ABF) that are likely to grab investor attention. Primark-owner AB Foods has reported half year revenue of £7.5bn and adjusted operating profit of £639m, largely flat year-on-year but it is the low cost fashion arm ...

He’s back – Dunkerton wins heated Superdry boardroom battle (by the narrowest of margins)

Charismatic clothing entrepreneur Julian Dunkerton has succeeded in his bid to wrest back control of embattled fashion brand Superdry (SDRY). Dunkerton will now look to arrest the steep trading decline at the jackets-to-sweatshirts seller that has been his life’s work, while the incumbent CEO Euan Sutherland is sure to be shown the door. READ MORE ABOUT SUPERDRY HERE Superdry’s ...
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