Online clothing retailer boohoo.com reports record revenues for all brands in a highly successful four-month trading period including Christmas.
In its latest trading statement the group revealed revenue growth of 100% (93% CER(1)) spread across all geographic regions. Gross margin was 52.5% (2017: 53.1%) while retail gross margin was 54.2% (2017: 54.4%
The company pointed to a strong balance sheet with net cash of £127m (2017: £69m).
Group revenue growth for this financial year is now expected to be around 90%, ahead of previous guidance of around 80%, which was raised from 60% at the time of the interims in late September.