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Boohoo for Anyone Who Hasn’t Invested in Boohoo

If you haven’t visited the online fashion group yet, you are probably the only one. That’s because they are set to grow by as much as 50% this year, with a plan to hit turnover of £1billion by 2020. Sales this year in January and February were £295million with profits at £31million. Many assume some of their recent acquisitions will help with even more growth. Their newer brands include Pretty Little Thing which has ‘triple-digit growth’ and Nasty Gal.

Boohoo is definitely worth watching this year.