Boohoo Group plc (LON:BOO)

Retail

Founded in the year 2006, Boohoo Group Plc is a UK-based online fashion store that designs, markets and sells products like footwear, clothing, and accessories across the globe. Its headquarters are situated in Manchester, United Kingdom. It is listed on the London Stock Exchange publicly and is a part of FTSE AIM index. The company has various brands, such as PrettyLittleThing, boohooMAN, Nasty Gal etc. It also owns other brands like Karen Millen, Oasis, Misspap, Warehouse and Coast.

The aim of the company is to build a high-quality portfolio of innovative fashion brands, and to generate the maximum risk-adjusted returns for all the stakeholders. To achieve maximum profitability, the most up-to-date and inspirational fashion brands are included in the portfolio, which are growing intensively in the UK as well as globally. The vision of the company is to become the leader of the fashion e-commerce market globally.

Apart from focusing on high financial returns, the company also incorporates sustainability as an integral part of its business model and is trying to create a sustainable fashion industry. It has a sustainability plan which has certain key priorities under it, like use of ecofriendly materials, textile waste and supply chain administration. The company aims to strive for sustainable business solutions that help in creating long-term value for the business as well as the society. It has joined groups like Sustainable Apparel Coalition, Sustainable Clothing Action Plan, and the Microfibre Consortium to achieve its targets.

Its range of clothing products includes skirts, shorts, tracksuits, lingerie, bodysuits, swimwear, knitwear etc. The clothing section is classified and offered as per the type of fit and size which helps in meeting the customer demands of all body shapes and sizes, like petite clothing, tall clothing, maternity clothing, plus size clothing etc. It also offers various products in the footwear category, which include boots, sandals, flats, high heels etc. Its accessory products cover bags, jewellery, hair accessories etc. The products are targeted at the age group of 16 to 40 years in the UK and globally.

The company follows a well-defined framework of corporate governance and aligns itself with an ethical code of conduct for running its business operations. It is committed to ensure the highest standards of governance by adopting the Quoted Companies Alliance Corporate Governance Code 2018. It follows strict policies for modern slavery and human rights, board diversity, gender pay gap etc.

Contact Information

company address Boohoo Group PLC 49/51 Dale Street MANCHESTER M1 2HF United Kingdom GBR

company phone+44 161 236 5640

company websitehttp://www.boohooplc.com/

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