September 25, 2019 / 7:42 AM / 24 days ago

Online retailer Boohoo first-half profit jumps on solid demand

Sept 25 (Reuters) - Britain’s Boohoo reported a jump in its first-half pretax profit on Wednesday because of strong demand for brands like PrettyLittleThing and Nasty Gal, and helped by celebrity campaigns.

The online retailer, which raised its full-year revenue forecast earlier this month, said pretax profit rose 83% to 45.2 million pounds ($56.24 million) for the six months ended Aug. 31. ($1 = 0.8037 pounds) (Reporting by Tanishaa Nadkar in Bengaluru; editing by Uttaresh.V)

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