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Tag: carol-kane

Boohoo posts “record sales” as revenues jump 100%

Boohoo has outpaced the struggling fashion sector after posting record sales across all of its brands over a “highly successful” Christmas trading period. In the four months to December 31, the online fashion retail group saw revenues grow 100 per cent across all its markets, wracking up £127 million in net cash. Gross margins for the period also shot up 52.5 per cent.

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Boohoo share prices dive despite 106% sales boost

Boohoo share prices fell six per cent this morning after one of its joint chief executives sold swathes of shares worth £10.7 million. Carol Kane sold 4.65 million shares at 230p each, reducing her stake in the business to just four per cent






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