LONDON, Jan 14 (Reuters) - Britain's Boohoo BOOH.L reported sturdy buying and selling in its Christ
LONDON, Jan 14 (Reuters) – Britain’s Boohoo BOOH.L reported sturdy buying and selling in its Christmas buying and selling interval and upgraded its full-year steering, marking the web vogue retailer as a festive winner that bucked a weak general market.
Boohoo, which sells own-brand clothes, footwear, equipment and sweetness merchandise, mentioned on Tuesday complete group income rose 44% to 473.7 million kilos ($615 million) within the 4 months to Dec. 31. That compares to first half development of 43%.
The group is now forecasting full 12 months 2019-20 income development of 40-42%, up from earlier steering of 33-38%, and a core revenue margin of 10.0-10.2%, versus earlier steering of “round 10%”.
($1 = 0.7702 kilos)
(Reporting by James Davey, Modifying by Paul Sandle)
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