Boohoo full year profit up 40%

In the year to 28 February, group revenue rose by 97% to £579.8 million. This included 95% growth in the UK and an uplift of 99% overseas.

At Boohoo revenue rose by 32% to £374.1 million while the Pretty Little Thing brand, which has been integrating into the group, increased its revenue by 228% on a 12-month comparative period to £181.3 million. Meanwhile, revenue at the group’s recently acquired Nasty Gal brand was £24.4 million.

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Mahmud Kamani and Carol Kane, joint chief executives of Boohoo, said: “The group made great progress during the year, integrating a new company, Pretty Little Thing, and a new brand, Nasty Gal, into the Boohoo…