Boohoo news and trends

‘Eco-Friendly’ Claims Under Fire as UK Launches Probe of 3 Retailers
Retail // July 29, 2022

The U.K.’s Competition and Markets Authority (CMA) is launching an investigation into three fashion retailers for making misleading claims about their sustainability practices, according to a Friday (July 29) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

EMEA Daily: Bank of Ghana Introduces GhanaPay Mobile Wallet
International // June 16, 2022

In today’s top stories from Europe, the Middle East and Africa (EMEA), the Bank of Ghana has introduced a brand new mobile wallet, GhanaPay. Plus, United Kingdom clothing brand Boohoo looks into charging fees for online returns, Qualcomm wins its appeal of a recent $1...

Boohoo Could Join Other Brands Charging for Online Returns
Retail // June 16, 2022

As returns eat into more of its profits, U.K. retailer Boohoo is weighing charging customers a fee when they send back unwanted merchandise, Bloomberg reported on Thursday (June 16). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Boohoo: Profits Slammed by Returns and Freight Costs
Retail // December 16, 2021

U.K. fashion retailer Boohoo on Thursday (Dec. 16) downgraded its profit and sales growth projections for the second time in 2021, saying that supply chain snafus, inflation and higher-than-expected return rates are to blame for the drop, according to a Financial Times report. Get the...

Quick Reads
UK’s BooHoo Group Doubles Stake in Revolution Beauty

November 29, 2022
U.K. fashion retailer Boohoo has doubled its stake in cosmetics brand Revolution Beauty. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications […]

‘Eco-Friendly’ Claims Under Fire as UK Launches Probe of 3 Retailers

July 29, 2022
The U.K.’s Competition and Markets Authority (CMA) is launching an investigation into three fashion retailers for making misleading claims about their sustainability practices, according to a Friday (July 29) press...

Boohoo Could Join Other Brands Charging for Online Returns

June 16, 2022
As returns eat into more of its profits, U.K. retailer Boohoo is weighing charging customers a fee when they send back unwanted merchandise, Bloomberg reported on Thursday (June 16). Get...

Boohoo: Profits Slammed by Returns and Freight Costs

December 16, 2021
U.K. fashion retailer Boohoo on Thursday (Dec. 16) downgraded its profit and sales growth projections for the second time in 2021, saying that supply chain snafus, inflation and higher-than-expected return...