LSE:DEBS (Boohoo Group Plc)

About DEBS

boohoo group Plc is a holding company, which engages in the online retail of clothes and accessories. It designs, sources, markets, and sells clothing, shoes, and accessories for men, women, and children. The firm owns the following brands: boohoo, boohooMAN, PrettyLittleThing, Nasty Gal, MissPap, Karen Millen, Coast, Oasis, Warehouse, Debenhams, Dorothy Perkins, Wallis, and Burton. The company was founded by Mahmud Abdullah Kamani and Carol Mary Kane in 2006 and is headquartered in Manchester, the United Kingdom.

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 Group Plc (LSE: DEBS) Latest News

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