LSE:BOO (boohoo.com plc)
About BOO
Boohoo Group Plc is an online fashion retailer targeting a younger demographic of 16-24 year-olds based in the United Kingdom. The company designs, sources, markets and sells clothing products, footwear and accessories across its numerous websites.
The firm owns and operates 13 different brands, including boohoo, Dorothy Perkins, Nasty Gal, PrettyLittleThing, Coast, and Oasis, among others. In early 2021, management added the Debenhams brand to its portfolio of product offerings for £55m.
While the majority of revenue is generated within the UK, Boohoo has since expanded into international markets, including Europe and North America. The BOO share price had been a stellar performer, even during the pandemic. However, following allegations of modern-day slavery and a surge in freight and shipping costs, the stock plummeted in 2022.
Frequently Asked Questions
-
With e-commerce gaining significant traction amongst younger consumers, Boohoo has had little difficulty in expanding its top line through both organic and acquisitive strategies. However, profit margins have historically been tight due to the cost of product shipping, which in 2022 sent the BOO share price in the wrong direction.
As the popularity of online clothes shopping improves, Boohoo shares could be in an ideal position to capitalise on the opportunity. But investors need to consider the competitive and operational risks this business has to contend with.
-
No. Boohoo is reinvesting its capital back into the business and therefore does not offer a shareholder dividend, nor is there a guarantee that it will in the future.
-
Boohoo shares are listed on the AIM London Stock Exchange. They can be bought from any investment account that provides access to this exchange platform.
boohoo.com plc (LSE: BOO) Latest News
Investing Articles
Could Mike Ashley boost the boohoo share price like he did with Frasers?
Investing Articles
What’s going on with the boohoo share price?
Investing Articles
If Mike Ashley becomes boohoo CEO, could the share price rocket higher?
Investing Articles
Will these changes kick-start a boohoo share price recovery?
Investing Articles
Is boohoo about to surge like the Rolls-Royce share price?
Investing Articles
3 shares I wouldn’t touch with a bargepole in today’s stock market
Investing Articles
3 simple moves to try and grow value in an ISA, without putting in more money
Investing Articles
Where might the boohoo share price go in the next 12 months? Here’s what the experts say
Investing Articles
Down 93%, is the boohoo share price set to lead the next bull market charge?
Investing Articles
Here’s where I think the boohoo share price goes next
Investing Articles
Down 89%, could the boohoo share price end up at zero?
