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BOO Boohoo Group Plc

34.50
-0.94 (-2.65%)
26 Jul 2024 - Closed
Delayed by 15 minutes
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 Shares Traded Last Trade
  -0.94 -2.65% 34.50 3,224,700 16:35:22
Bid Price Offer Price High Price Low Price Open Price
34.50 34.56 35.42 34.22 34.72
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Womens Hosiery, Except Socks 1.46B -137.8M -0.1086 -3.18 449.76M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:35:22 UT 198,158 34.50 GBX

Boohoo (BOO) Latest News

Boohoo (BOO) Discussions and Chat

Boohoo (BOO) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2024-07-26 15:35:2234.50198,15868,364.51UT
2024-07-26 15:29:5934.5611539.74AT
2024-07-26 15:29:5934.569031.10AT
2024-07-26 15:29:5934.5620.69AT
2024-07-26 15:29:5734.605,0921,761.83AT

Boohoo (BOO) Top Chat Posts

Top Posts
Posted at 26/7/2024 09:20 by Boohoo Daily Update
Boohoo Group Plc is listed in the Womens Hosiery, Except Socks sector of the London Stock Exchange with ticker BOO. The last closing price for Boohoo was 35.44p.
Boohoo currently has 1,269,084,436 shares in issue. The market capitalisation of Boohoo is £438,595,581.
Boohoo has a price to earnings ratio (PE ratio) of -3.18.
This morning BOO shares opened at 34.72p
Posted at 16/7/2024 08:05 by factsandfigures
The only ones shooting themselves in the foot are Boohoo's Directors who are are now facing another massive multi-million pound lawsuit from angry institutional shareholders.





Fox Williams LLP, a leading London law firm, filed a group litigation claim against Boohoo Group plc (“Boohoo”) and its Directors, on 17 May 2024 on behalf of institutional investors who suffered losses as a result of Boohoo’s alleged breaches of the Financial Services and Markets Act 2000.

Fox Williams LLP, led by litigation partners Andrew Hill and Matthew Reach, are acting for a group of institutional investors who purchased Boohoo shares in the years leading up to The Sunday Times expose on 5 July 2020 and suffered massive financial losses as a result of the share price drop.
Posted at 08/7/2024 15:54 by ukneonboy
The simple and concise answer to that question is ......... NO !!!

and this is the reason why:





Fox Williams LLP, a leading London law firm, filed a group litigation claim against Boohoo Group plc (“Boohoo”) and its Directors, on 17 May 2024 on behalf of institutional investors who suffered losses as a result of Boohoo’s alleged breaches of the Financial Services and Markets Act 2000.

Fox Williams LLP, led by litigation partners Andrew Hill and Matthew Reach, are acting for a group of institutional investors who purchased Boohoo shares in the years leading up to The Sunday Times expose on 5 July 2020 and suffered massive financial losses as a result of the share price drop.
Posted at 02/7/2024 07:39 by sellhighandbuylow
Fox Williams LLP, a leading London law firm, filed a group litigation claim against Boohoo Group plc (“Boohoo”) and its Directors, on 17 May 2024 on behalf of institutional investors who suffered losses as a result of Boohoo’s alleged breaches of the Financial Services and Markets Act 2000.

Fox Williams LLP, led by litigation partners Andrew Hill and Matthew Reach, are acting for a group of institutional investors who purchased Boohoo shares in the years leading up to The Sunday Times expose on 5 July 2020 and suffered massive financial losses as a result of the share price drop.
Posted at 23/6/2024 08:29 by ukneonboy
On the subject of costly lawsuits, Kamani and Lyttle definitely can't brush this one, under the carpet.





Fox Williams LLP, a leading London law firm, filed a group litigation claim against Boohoo Group plc (“Boohoo”) on 17 May 2024 on behalf of institutional investors who suffered losses as a result of Boohoo’s alleged breaches of the Financial Services and Markets Act 2000.

Fox Williams LLP, led by litigation partners Andrew Hill and Matthew Reach, are acting for a group of institutional investors who purchased Boohoo shares in the years leading up to The Sunday Times expose on 5 July 2020 and suffered massive financial losses as a result of the share price drop.
Posted at 21/6/2024 08:06 by shadowfall
Boohoo's latest results were absolutely dreadful but its biggest problem now lies in the intensifying competition it faces.

Post lockdown, the rising popularity of fashion retailers SHEIN and TEMU, means BOOHOO simply cannot compete on price.

It is also becoming increasingly clear that consumers are favouring hybrid companies such as H&M and ZARA over online only retailers like BOOHOO on account of their physical presence.

Intriguingly, changes in consumer values are also affecting BOOHOO and the rise of second-hand and pre-loved clothing retailers such as VINTED and DEPOP is gaining momentum and thus poses another massive challenge.

And of course, we cannot ignore the huge elephant in the room – the rising cost of living.

For most younger people, and particularly the targeted "20-somethings" demographic of BOOHOO PLC, funds are dwindling. Financial strain means it is increasingly difficult to splash the cash on new casual wear whilst struggling to afford the basics of housing, food and energy costs.

Ultimately, the survival of BOOHOO PLC hangs in the balance and despite the misplaced optimism of BOOHOO Chief Executive, John Lyttle, there are multiple hurdles that BOOHOO must first conquer in order to survive.
Posted at 11/6/2024 13:03 by ukneonboy
BOOHOO INVESTORS SEEK £100 MILLION IN DAMAGES AFTER SLAVE LABOUR SCANDAL
========================================================================
A group of investors in Boohoo are seeking more than £100 Million in compensation from the loss making fashion retailer after reports in 2020 alleging its suppliers in Leicester were mistreating workers caused the Boohoo share price to collapse.

Shares in Boohoo dived by more than 40%, wiping more than £1.5 Billion off its market capitalisation, after a 2020 Sunday Times report of labour rights violations at the group’s suppliers’ factories in Leicester indicated some garment workers were paid as little as £3.50 an hour, well below the legal minimum wage.

A damning independent report conducted by lawyer, Alison Levitt QC on behalf of the fast fashion retailer later found that allegations of poor working practices in the company’s supply chain – initially denied – were “substantially true”.

A legal claim on behalf of 49 investors including the California State Teachers’ Retirement System – which has investment assets totalling $332.5bn – led by lawyers at Fox Williams filed against Boohoo Group last month alleges the company made untrue or misleading statements and failed to disclose or delayed the disclosure of material information about the matter to the market, breaching its obligations under the Financial Services and Markets Act 2000.

The group are understood to be seeking £100m in damages plus legal costs and interest that could add millions of pounds more to the potential bill for Boohoo PLC.
Posted at 11/6/2024 06:29 by ukneonboy
BOOHOO INVESTORS SEEK £100 Million IN DAMAGES AFTER SLAVE LABOUR SCANDAL
========================================================================
A group of investors in Boohoo are seeking more than £100 Million in compensation from the loss making fashion retailer after reports in 2020 alleging its suppliers in Leicester were mistreating workers caused the Boohoo share price to collapse.

Shares in Boohoo dived by more than 40%, wiping more than £1.5 Billion off its market capitalisation, after a 2020 Sunday Times report of labour rights violations at the group’s suppliers’ factories in Leicester indicated some garment workers were paid as little as £3.50 an hour, well below the legal minimum wage.

A damning independent report conducted by lawyer, Alison Levitt QC on behalf of the fast fashion retailer later found that allegations of poor working practices in the company’s supply chain – initially denied – were “substantially true”.

A legal claim on behalf of 49 investors including the California State Teachers’ Retirement System – which has investment assets totalling $332.5bn – led by lawyers at Fox Williams filed against Boohoo Group last month alleges the company made untrue or misleading statements and failed to disclose or delayed the disclosure of material information about the matter to the market, breaching its obligations under the Financial Services and Markets Act 2000.

The group are understood to be seeking £100m in damages plus legal costs and interest that could add millions of pounds more to the potential bill for Boohoo PLC.
Posted at 07/6/2024 13:31 by ukneonboy
Boohoo investors seek £100 Million in damages after minimum wage row
=====================================================================

A group of investors in Boohoo are seeking more than £100m in compensation from the online fashion specialist after reports in 2020 alleging its suppliers in Leicester were mistreating workers caused its share price to plummet.

Shares in Boohoo dived more than 40% over several days, wiping more than £1.5bn off its valuation, after a 2020 Sunday Times report of labour rights violations at the group’s suppliers’ factories in Leicester suggested some workers were paid as little as £3.50 an hour, well below the legal minimum wage.

A damning independent report conducted by Alison Levitt QC on behalf of the fast fashion retailer later found that allegations of poor working practices in the company’s supply chain – initially denied – were “substantially true”.

A legal claim on behalf of 49 investors including the California State Teachers’ Retirement System – which has investment assets totalling $332.5bn – led by lawyers at Fox Williams filed against Boohoo Group last month alleges the company made untrue or misleading statements and failed to disclose or delayed the disclosure of material information about the matter to the market, breaching its obligations under the Financial Services and Markets Act 2000.

The group are understood to be seeking £100m in damages as well as legal costs and interest that could add millions of pounds more to the potential bill for Boohoo.
Posted at 07/6/2024 13:28 by ukneonboy
BOOHOO INVESTORS SEEK £100 Million IN DAMAGES AFTER SLAVE LABOUR SCANDAL
========================================================================

A group of investors in Boohoo are seeking more than £100 Million in compensation from the loss making fashion retailer after reports in 2020 alleging its suppliers in Leicester were mistreating workers caused the Boohoo share price to collapse.

Shares in Boohoo dived by more than 40%, wiping more than £1.5 Billion off its market capitalisation, after a 2020 Sunday Times report of labour rights violations at the group’s suppliers’ factories in Leicester indicated some garment workers were paid as little as £3.50 an hour, well below the legal minimum wage.

A damning independent report conducted by lawyer, Alison Levitt QC on behalf of the fast fashion retailer later found that allegations of poor working practices in the company’s supply chain – initially denied – were “substantially true”.

A legal claim on behalf of 49 investors including the California State Teachers’ Retirement System – which has investment assets totalling $332.5bn – led by lawyers at Fox Williams filed against Boohoo Group last month alleges the company made untrue or misleading statements and failed to disclose or delayed the disclosure of material information about the matter to the market, breaching its obligations under the Financial Services and Markets Act 2000.

The group are understood to be seeking £100m in damages plus legal costs and interest that could add millions of pounds more to the potential bill for Boohoo PLC.
Posted at 31/5/2024 07:45 by shadowfall
Boohoo's latest results are absolutely dreadful but its biggest problem lies in the intensifying competition it now faces.

Post lockdown, the rising popularity of fashion retailers SHEIN and TEMU, means BOOHOO simply cannot compete on price.

It is also becoming increasingly clear that consumers are favouring hybrid companies such as H&M and ZARA over online only retailers like BOOHOO on account of their physical presence.

Intriguingly, changes in consumer values are also affecting BOOHOO and the rise of second-hand and pre-loved clothing retailers such as VINTED and DEPOP is gaining momentum and thus poses another massive challenge.

And of course, we cannot ignore the huge elephant in the room – the rising cost of living.

For most younger people, and particularly the targeted "20-somethings" demographic of BOOHOO PLC, funds are dwindling. Financial strain means it is increasingly difficult to splash the cash on new casual wear whilst struggling to afford the basics of housing, food and energy costs.

Ultimately, the survival of BOOHOO PLC hangs in the balance and despite the misplaced optimism of BOOHOO Chief Executive, John Lyttle, there are multiple hurdles that BOOHOO must first conquer in order to survive.
Boohoo share price data is direct from the London Stock Exchange

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