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Boohoo's profits plunge thanks to post-Brexit rules and shipping costs - despite near £1bn revenue
30.09.2021 - 12:19 / manchestereveningnews.co.uk
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Online retail giant Boohoo's half-year profits plunged after being hit by post-Brexit rules, increased shipping costs and heavy investment despite its revenue nearing £1bn.
The Manchester-headquartered group, which has doubled its market share in the UK and US since the start of the pandemic, has reported an increased in revenue for the six months to August 31, 2021, from £816.5m to £975.9m but its
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