UK Power Trader Boohoo.com PLC opens its first physical store

Source: Internet
Author: User
Keywords Open the first Boohoo

British Fashion Apparel electric dealer Boohoo.com PLC (BOO. L November 1 will start the world's first physical store in New York, 4000 square feet, about 371 square meters of guerrilla shops will open until November 16, the store is also to celebrate its entry into the United States market opened.

According to Carol Kane, the founder and chief executive of the group, the first physical store was placed in New York because the US market remained a key market for boohoo.com.

Founded in 2006, Boohoo.com, based in Manchester, landed on the London Stock Exchange Alternative investment harsh alternative Investment Market on March 14, although the initial stock price soared in 2014, but as a result of the collective diving of the electric business shares, Boohoo.com also with the concussion.

According to data, as of August 31 in the first half of the fiscal year, Boohoo.com PLC to achieve pre-tax profit of 4.5 million pounds, compared with the same period last year, 3.673 million pounds increased by 23%; After the adjustment, EBITDA surged by 63% to 6.794 million pounds a year. The UK home market, with a strong 47% per cent increase, led the Boohoo.com plc to all business markets, benefiting from the online Spanish, German and Italian websites, as well as 43% per cent in Europe, while the rest of the world fell by 11% (at a constant rate of 1%).

At the end of the first half, the site had 2.7 million active users, up 33% from a year earlier, and the company had a net cash of 56 million pounds.

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