British online retailer Boohoo raises full-year forecast

LONDON, Sept 5 (Reuters) - British online fashion retailer Boohoo said it was trading ahead of expectations and now expected its full-year revenue to rise between 33% and 38%, ahead of its previous 25% to 30% guidance, which would deliver a corresponding rise in earnings.

The company, which reports first-half results on Sept.25, said on Thursday it expected margins to remain at around 10%, reflecting investments in the three brands it acquired in the first half. (Reporting by Paul Sandle, editing by James Davey)


Reuters Breakingviews is the world's leading source of agenda-setting financial insight. As the Reuters brand for financial commentary, we dissect the big business and economic stories as they break around the world every day. A global team of about 30 correspondents in New York, London, Hong Kong and other major cities provides expert analysis in real time.

Sign up for a free trial of our full service at and follow us on Twitter @Breakingviews and at All opinions expressed are those of the authors.