If you haven’t visited the online fashion group Boohoo.com yet, you are probably the only one. That’s because they are set to grow by as much as 50% this year, with a plan to hit turnover of £1billion by 2020. Sales this year in January and February were £295million with profits at £31million. Many assume some of their recent acquisitions will help with even more growth. Their newer brands include Pretty Little Thing which has ‘triple-digit growth’ and Nasty Gal.
Boohoo is definitely worth watching this year.