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About boohoo
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Websiteboohoo.com
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Compare boohoo with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | - based on 0 reviews | 3.7/5 based on 90.8k reviews | 3.7/5 based on 53.6k reviews | 3.8/5 based on 57.1k reviews |
Highly Rated for | - | Job security Work-life balance | Job security | Job security Company culture |
Critically Rated for | - | Promotions Salary Work satisfaction | Promotions Salary | Promotions |
Primary Work Policy | - | Work from office 81% employees reported | Hybrid 62% employees reported | Hybrid 74% employees reported |
Rating by Women Employees | - no rating available | 3.8 Good rated by 26.3k women | 3.8 Good rated by 15.4k women | 3.9 Good rated by 21.4k women |
Rating by Men Employees | - no rating available | 3.6 Good rated by 59.3k men | 3.7 Good rated by 35.8k men | 3.8 Good rated by 33.1k men |
Job security | - Data not available | 4.5 Good | 3.8 Good | 3.8 Good |
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boohoo Salaries
Test Analyst
(1 salaries)
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₹40.5 L/yr - ₹51.8 L/yr
HR Recruitment Analyst
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₹2.9 L/yr - ₹3.7 L/yr
PLC Operator
(1 salaries)
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₹1.6 L/yr - ₹2.1 L/yr
Operator
(1 salaries)
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₹0.9 L/yr - ₹1.2 L/yr
Driver
(1 salaries)
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₹2.4 L/yr - ₹3 L/yr
boohoo News
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New name but same old struggles for Boohoo
- Boohoo, now known as the online retailing group, rebranded itself as Debenhams.
- The struggling fast-fashion brands under Boohoo, such as Pretty Little Thing and MAN, continue to face challenges.
- Profit expectations were downgraded, and the group incurred a £40m charge for surplus stock write-down.
- Despite the rebranding and turnaround efforts, Boohoo's shares stand at 26p, showing a significant decline.
Guardian | 12 Mar, 2025
Boohoo rebrands as Debenhams as youth labels struggle
- Online fashion retailer Boohoo is rebranding as Debenhams, after buying it out of administration four years ago.
- Debenhams, founded in 1778, collapsed in 2021, but was relaunched as an online-only retailer by Boohoo.
- Boohoo's youth brands, including Boohoo, PrettyLittleThing, and MAN, have been struggling, leading to a £40m hit on excess stock.
- Boohoo is rebranding as Debenhams Group and sees the Debenhams turnaround as the blueprint for the wider group's revival.
Guardian | 11 Mar, 2025
Shein could be a shot in the arm for the London Stock Exchange
- Shein's potential flotation on the London Stock Exchange could be the largest listing in Europe in the last year, providing a much-needed boost to the struggling exchange.
- However, concerns persist over Shein's controversial business practices, such as its supply chain and environmental impact.
- Campaign groups have raised objections to Shein's listing, citing ethical and social issues, including allegations of forced labor.
- If Shein floats less than 10% of its equity, it would remain mostly controlled by its founders, raising governance concerns for minority investors.
- Shein's desire for secrecy and limited financial transparency may pose challenges during the listing process.
- Potential investors are cautious due to the lack of public financial information and the risk of negative revelations impacting Shein's stock price.
- A cautionary tale from Boohoo.com's decline post-scandal serves as a reminder of the risks associated with controversial business practices.
- Shein's listing would subject the company to increased public scrutiny and accountability, potentially reshaping perceptions of fast fashion industry practices.
- Overall, while a Shein listing could benefit the company and the LSE, challenges related to transparency and compliance remain, along with potential reputational risks.
- Increased scrutiny on Shein's practices could lead to positive changes in the fast fashion industry, fostering awareness and progress.
Moneyweb | 23 Feb, 2025
UK marketplace sellers face ‘second Brexit’ hit from Trump’s US import rules
- Proposed changes to US import rules under Trump could impact UK-based independent marketplace sellers, similar to a second Brexit.
- New rules would require import duty on parcels originating or made in China selling into the US, affecting online retailers like Asos and Boohoo.
- US customs service paused the changes due to parcel checking challenges but plans to implement them soon, potentially raising prices for consumers and impacting online sales.
- The previous exemption for parcels under $800 shipped to the US from import tax is being revoked, leading to increased costs and customs checks on more packages.
- Businesses may become uncompetitive in the US market due to higher costs, resembling the impact of Brexit on small traders.
- The use of Chinese factories by British brands may subject UK businesses, including independent sellers and big retailers, to additional taxes and customs checks.
- Asos and Boohoo sell substantial amounts to the US and may face challenges adjusting prices or profitability due to the new rules.
- Customs checks after the rule change could delay order processing by up to two days, making UK retailers less competitive in delivery speed compared to US-based operators.
- Online sellers may experience lower sales initially due to uncertainties among US shoppers over potential taxes, and brands might face image damage if perceived as not being British or European-made.
- Businesses may need to adapt by considering various strategies such as opening more US warehousing or diversifying supply chains to countries like India, Bangladesh, or Turkey.
Guardian | 17 Feb, 2025
Boohoo shareholders vote to block Mike Ashley from joining board
- Boohoo shareholders have voted to block Mike Ashley and an associate from joining its board.
- Investors representing 64% of Bohoo’s stock voted against appointing Ashley and Mike Lennon.
- Chair of Boohoo, Tim Morris, said shareholders had given 'a resounding vote of confidence in our board'.
- Further potential conflict lies ahead as Frasers has called a meeting to oust the Boohoo founder and vice-chair.
Guardian | 20 Dec, 2024
Boohoo says Frasers can have seat on board – but not Sports Direct founder Mike Ashley
- Boohoo has offered Frasers Group a seat on its board but not for retail tycoon Mike Ashley.
- Boohoo is open to constructive talks with Frasers about board membership, but it sees irreconcilable conflicts of interest with Ashley and another nominee.
- Frasers owns a 27% stake in Boohoo and has forced an emergency shareholder meeting regarding the board membership.
- Boohoo believes Frasers is taking a selective approach to shareholder protection and questions its commitment to key protections.
Guardian | 14 Dec, 2024
Cost of average UK Christmas dinner rises by 6.5%, says Kantar; Ashtead to move listing to US – business live
- The cost of an average UK Christmas dinner has increased by 6.5%, according to Kantar.
- Boohoo has set a date for a shareholder meeting called by Mike Ashley's Frasers Group to oust Boohoo's founder.
- Monday, December 23rd is expected to be the busiest day for supermarkets this year.
- Retailer price cuts through loyalty cards are driving increased spending on premium own label products.
Guardian | 10 Dec, 2024
Mike Ashley has the right critique of Boohoo. But he doesn’t belong on its board | Nils Pratley
- Mike Ashley, the owner of Frasers Group, wants a seat on the Boohoo board along with his friend.
- Boohoo's share price has dropped by 90% in five years and the company has been criticized for poor management.
- Ashley's claim of a 'catastrophic mess' at Boohoo has some validity, but his appointment to the board is not justified.
- Institutional Shareholder Services (ISS) advises investors to support Boohoo and suggests Ashley either make a bid for the company or continue advocating from outside.
Guardian | 10 Dec, 2024
Boohoo wins influential advisers’ support in battle against Mike Ashley takeover
- Boohoo has won the support of influential shareholder adviser, Institutional Shareholder Services (ISS), in its battle against Mike Ashley's takeover attempt.
- Boohoo argues that Ashley is seeking to disrupt its turnaround efforts and destabilize the company for his own self-interest.
- Ashley's Mash Holdings owns 28% of Boohoo's shares and has accused the company's board of mismanagement.
- Frasers Group, owned by Ashley, has been dropped from the FTSE 100 and faces scrutiny due to failed takeover moves and profit warnings.
Guardian | 9 Dec, 2024
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