January 11, 2018 / 7:32 AM / 4 months ago

Online fashion firm Boohoo.com raises annual sales forecast again

Jan 11 (Reuters) - British online fashion retailer Boohoo.com Plc on Thursday raised its full-year sales forecast after doubling its revenue for the four months ended December.

The company, which sells clothing, shoes and accessories online to a core market of 16- to 24-year-olds, said group revenue was expected to grow 90 percent for the year to February 2018, ahead of its previous forecast of 80 percent, revised in September. Group revenue doubled to 228.2 million pounds ($307.8 million) for the four months to Dec. 31 on stellar sales during Black Friday. ($1 = 0.7414 pounds) (Reporting by Rahul B in Bengaluru; Editing by Amrutha Gayathri)

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