Boohoo

Today’s news in brief-23/1/24

Boohoo has changed its leadership as Shaun McCabe has stepped down as CFO, and Stephen Morana has been appointed as…

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Boohoo appoints new CFO as McCabe steps down

Boohoo has announced the appointment of Stephen Morana as its new CFO, following the resignation of current CFO Shaun McCabe,…

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Boohoo revenues tumble 17% amid weaker than expected demand

Boohoo has seen revenues plunge by 17% to £729.1m in the first half of the year, after a slower than…

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Frasers ups Boohoo stake to 9.1%

Frasers has announced that it has increased its stake in fashion retailer Boohoo to 9.1%. The latest increase takes the…

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Credit insurance lowered for Boohoo suppliers

Leading credit insurer Allianz Trade has lowered cover for Boohoo’s suppliers following the financial pressures faced by the retailer, The…

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Boohoo presses suppliers for discount on current orders

Boohoo has reportedly “demanded” a 10% discount on current orders from some suppliers for the second time, as it looks…

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Boohoo airs ‘serious concerns’ over Revolution Beauty board changes

Boohoo has raised “serious concerns” about the conduct of the Revolution Beauty board after the company fired and rehired its…

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What is going on with Revolution Beauty and Boohoo?

The major retail story in the last week has undoubtedly been the drama around Revolution Beauty and Boohoo. In short,…

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Boohoo sees shareholder unrest over executive pay

Boohoo is facing unrest amongst its shareholders after nearly a third of them voted against its remuneration report at its…

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Former THG boss joins Boohoo’s boardroom coup at Revolution Beauty 

Boohoo has furthered its attempted boardroom coup at Revolution Beauty with the announcement that former THG boss, Rachel Horsefield, will…

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