boohoo group plc Board Update (8626L)

TIDMBOO

RNS Number : 8626L

boohoo group plc

04 May 2020

 
 For Immediate Release   4 May 2020 
 

boohoo group plc

("boohoo" or "the group")

Board Update

boohoo, a leading online fashion retailer, is disappointed to report that JD Sports Fashion Plc has withdrawn its consent for Kath Smith to join the boohoo Board effective from 1(st) May 2020 as a Non-Executive Director, as previously announced. boohoo will seek a suitable replacement as soon as possible.

-ends-

 
 Enquiries 
 
 
 boohoo group plc 
 Neil Catto, Chief Financial Officer             Tel: [phone] 
                                                  2050 
 Alistair Davies, Investor Relations             Tel: [phone] 
                                                  2050 
 Clara Melia, Investor Relations                 Tel: [phone] 
                                                  5520 
 
 Zeus Capital - Nominated adviser and joint 
  broker 
 Nick Cowles/Andrew Jones (Corporate Finance)    Tel: [phone] 
                                                  1512 
 John Goold/Benjamin Robertson (Corporate        Tel: [phone] 
  Broking)                                        5000 
 
 Jefferies - Joint broker 
 Philip Noblet/Max Jones                         Tel: [phone] 
                                                  8000 
 
 Buchanan - Financial PR adviser                 [e-mail] 
 Richard Oldworth/ Kim Looringh-van Beeck/Toto   Tel: [phone] 
  Berger                                          5000 
 

About boohoo group plc

"Leading the fashion eCommerce market"

Founded in Manchester in 2006, boohoo is an inclusive and innovative brand targeting young, value-orientated customers. For 13 years, boohoo has been pushing boundaries to bring its customers up-to-date and inspirational fashion, 24/7. boohoo has grown rapidly in the UK and internationally, expanding its offering with range extensions into menswear, through boohooMAN.

In early 2017 the group extended its customer offering through the acquisitions of the vibrant fashion brand PrettyLittleThing, and free-thinking brand Nasty Gal. In March 2019 the group acquired the MissPap brand and in August 2019, the Karen Millen and Coast brands, all complementary to the group's scalable multi-brand platform. United by a shared customer value proposition, our brands design, source, market and sell great quality clothes, shoes and accessories at unbeatable prices. These investment propositions have helped us grow from a single brand, into a major multi-brand online retailer, leading the fashion eCommerce market for 16 to 40-year-olds around the world. As at 29 February 2020, the boohoo group had around 14 million active customers across all its brands around the world.

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May 04, 2020 10:47 ET (14:47 GMT)