RNS Number : 5299A
boohoo group plc
23 January 2024
 


23 January 2024

 

boohoo group plc

("boohoo" or "the Group")

Trading Update & Directorate Change

 

Trading Update

 

boohoo (AIM: BOO), a leading online fashion group, confirms that trading remains in line with market expectations, and that it will report final results for the year ended 28 February 2024 in May.

 

Resignation of CFO

 

boohoo also announces that Shaun McCabe has stepped down from his role as CFO by mutual agreement and with immediate effect. He has also stepped down from the Board with immediate effect.

Shaun joined the Board in October 2020 as an independent Non-Executive Director and as Chair of the Audit and Risk Committees. He was subsequently appointed CFO in October 2022.

The Board takes this opportunity to thank Shaun for his valued contribution to the Group during his tenure and wishes him every success for the future.

-ends-

 

Enquiries


boohoo group plc


Pete Templeton, Group Finance Director

Tel: +44 (0)161 233 2050

Mike Cooper, Head of Investor Relations & Corporate Development

Tel: +44 (0)161 233 2050

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


Ed Matthews / Harry Le May

Tel: +44 (0)20 7029 8000



 


HSBC - Joint broker


Adam Miller / James Hopton

Tel: +44 (0)20 7991 8888

 


Buchanan - Financial PR adviser

boohoo@buchanan.uk.com

Richard Oldworth / Toto Berger / Verity Parker

Tel: +44 (0)20 7466 5000

 

 

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 2023, the boohoo group had 17 million active customers across all its brands around the world.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
UPDUUARRSNUAUUR