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Boohoo Group Plc
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News: BHOOY
Boohoo group cuts debt with £90 million Sheffield distribution centre disposal
Boohoo Group PLC (AIM:DEBS), which trades as Debenhams Group, has agreed to the £90 million disposal of automation assets at its Sheffield distribution centre and reassigned the site lease to Primark Stores Limited. The transaction is expected to reduce net debt to a negligible level by the end of February 2027 and forms part of the group's shift towards a marketplace-led, capital-light business model.
France fines Boohoo €2.3 million over deceptive discounts on website
France's consumer watchdog fined British fast-fashion retailer Boohoo €2.3 million ($2.69 million) for deceptive practices such as fake discounts on its website, it said on Thursday.
Boohoo trading stays strong as debt reduction gathers pace
Boohoo Group PLC (AIM:DEBS), the online retailer operating as Debenhams Group, said trading remained strong into June and July, helping profit margins improve and debt to be further reduced. Ahead of its annual meeting, the company said gross merchandise value continued to grow year on year, helped by strong trading at the Debenhams marketplace during the recent spell of hot weather.
boohoo group plc (BHOOY) Q4 2026 Earnings Call Prepared Remarks Transcript
boohoo group plc (BHOOY) Q4 2026 Earnings Call Prepared Remarks Transcript
Brokers split on Boohoo as shares dip after results cap 39% monthly surge
Shares in Boohoo Group PLC (AIM:DEBS) fell 4% to 24p on Tuesday, giving back some of a 40% gain over the past month, as investors took profits after full-year results. The drop came despite an upbeat reception from analysts, though the two brokers covering the stock disagreed on how much further it can run.
Debenhams owner Boohoo targets double-digit profit growth as turnaround takes hold
Boohoo Group PLC (AIM:DEBS), the online fashion retailer that now trades as Debenhams, has said it expects a double-digit improvement in adjusted earnings for the current financial year as its multi-year turnaround strategy gathers pace. The company said the guidance was underpinned by the continued shift toward its marketplace model.
Shore Capital upgrades boohoo to buy with 35p target as turnaround gains traction
Shore Capital has upgraded Boohoo Group PLC (AIM:DEBS), the online fashion retailer, to buy from hold with a price target of 35p, arguing that the group's turnaround strategy is beginning to deliver tangible financial progress and that gross merchant value (GMV) growth is returning for the first time in several years. The note, written by analysts Katie Cousins and Clive Black, points to a 36% rise in full-year EBITDA to £53 million, with growth accelerating sharply in the second half, as evidence that profit recovery is ahead of schedule.