Mahmud Kamani news and archive

Boohoo acquires majority stake in PrettyLittleThing for 3.3 million pounds

London - Boohoo has bit the bullet and acquired 21 Three Clothing Company, parent company of fast-fashion label PrettyLittleThing (PLT), for 3.3 million pounds. The announcement comes as the Manchester-based retailer raises its outlook for FY17, as Boohoo expects to achieve revenue growth between 38 percent and 42 percent in its upcoming fiscal...

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Boohoo.com to extend head office

Online fashion retailer Boohoo.com is set to extend its head office, after agreeing to acquire a property on China Lane in Manchester for 1.6 million pounds. The property, located close to the retailer's headquarters at Dale Street, Manchester, is being sold by Jogo Associates Limited Pension Scheme, of which Mahmud Kamani, boohoo’s Joint chief...