• Boohoo publishes another quarter of strong results

    1 month ago - By Fashion United

    Boohoo Group plc reported strong revenue growth of 44 percent across all key geographic regions to 473.7 million pounds for the four months ended 31 December 2019. The company said in a statement that gross margin for the four months was 53.5 percent, down 70 bps. Boohoo revenue of 232.6 million pounds , rose 42 percent, while year-to-date revenue of 513.7 million pounds , was up 38 percent. Gross margin for the four months of 52 percent, was down 20bps.
    Commenting on the trading update, John Lyttle, the company's CEO, said: “I am delighted to report the group has enjoyed record trading in...
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  • Richemont revenue grows 6 percent for Q3

    Richemont revenue grows 6 percent for Q3

    1 month ago - By Fashion United

    The company said on Friday its Q3 net profit dropped. Revenues surged by 6 percent from the same period last year.
    For Q3, the company's net profit was 0 million euros, decreased from 0 million euros last year. Revenues surged to 4,156 million euros.
    Richemont is a Switzerland-based luxury goods holding company. Through its various subsidiaries, Richemont designs, manufactures, distributes and sells premium products. Richemont is a publicly traded company, listed on both the SIX Swiss Exchange and on the JSE Securities Exchange.
    As of 2020, Richemont has more than 35,000 employees and...
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