boohoo group plc STATEMENT RE AUDITOR (4036C)

TIDMBOO

RNS Number : 4036C

boohoo group plc

19 October 2020

 
 For Immediate Release   19 October 2020 
 

boohoo group plc

("boohoo" or "the Group")

STATEMENT RE AUDITOR

boohoo, a leading online fashion retailer, notes recent press commentary with regards to its auditor PricewaterhouseCoopers ("PwC"). The Group would like to place on record that PwC is still the Group's auditor at this time. The Group's Audit Committee has recently launched a competitive tender process for the Group's audit, and will update shareholders at its conclusion. PwC signed an unqualified opinion on the Group's 2020 Financial Statements and having served as the Group's auditor since 2014, is not participating in this process.

 
 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. Since 2006, 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, in August 2019 the Karen Millen and Coast brands, and in June 2020 the Warehouse and Oasis 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 31 August 2020, the boohoo group had just over 17 million active customers across all its brands around the world.

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October 19, 2020 02:00 ET (06:00 GMT)