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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Boohoo Group Plc | LSE:BOO | London | Ordinary Share | JE00BG6L7297 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 34.02 | 33.98 | 34.26 | 34.48 | 33.84 | 34.08 | 415,823 | 09:47:50 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Womens Hosiery, Except Socks | 1.77B | -75.6M | -0.0596 | -5.71 | 431.52M |
TIDMBOO
RNS Number : 8207H
boohoo group plc
28 November 2022
28 November 2022
boohoo group plc
("boohoo" or the "Group")
Strategic Investment in Revolution Beauty Group plc
boohoo is pleased to announce that it has recently increased its strategic investment into Revolution Beauty Group plc ("Revolution Beauty"), amounting to a direct interest as at 28 November 2022 of 26.47% of Revolution Beauty's issued share capital. The investment builds upon the existing relationship between boohoo and Revolution Beauty, under which Revolution Beauty products are sold through several of the Group's direct to consumer brand websites and its online digital department store, Debenhams. The investment reflects boohoo's belief in the growth potential of Revolution Beauty and it intends to be a supportive stakeholder and long-term partner.
-ends-
Enquiries boohoo group plc Shaun McCabe, Chief Financial Officer Tel: +44 (0)161 233 2050 Alistair Davies, Investor Relations Tel: +44 (0)161 233 2050 Clara Melia, Investor Relations Tel: +44 (0)20 3289 5520 Mark Mochalski, Investor Relations Tel: +44 (0)20 3239 6289 Zeus Capital - Nominated adviser and joint broker Andrew Jones / James Edis / Dan Bate Tel: +44 (0)161 831 1512 Benjamin Robertson Tel: +44 (0)20 3829 5000 Jefferies - Joint broker Philip Noblet / Max Jones Tel: +44 (0)20 7029 8000 Buchanan - Financial PR adviser boohoo@buchanan.uk.com Richard Oldworth / Toto Berger / Verity Tel: +44 (0)20 7466 5000 Parker
About boohoo group plc
"Leading the fashion eCommerce market"
Founded in Manchester in 2006, boohoo is an inclusive and innovative global brand targeting young, value-orientated customers, pushing boundaries to bring its customers up-to-date and inspirational fashion, 24/7.
In 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. In January 2021, the group acquired the intellectual property assets of Debenhams, with the goal of transforming a leading UK fashion and beauty retailer into a digital department store and marketplace through a new capital-light and low-risk operating model. In February 2021, the group acquired the intellectual property assets of UK brands Dorothy Perkins, Wallis and Burton. As at 31 August 2022, the boohoo group had 19 million active customers across all its brands around the world.
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(END) Dow Jones Newswires
November 28, 2022 09:39 ET (14:39 GMT)
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