Boohoo sales soar in lockdown despite attention on working practices

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Online fashion retailer Boohoo saw sales soar during the lockdowns of 2020, with a 40% increase in revenue in the time of the coronavirus pandemic.

The increase in sales – which comes a day after fellow internet retailer Asos reported a 23% increase in sales during 2020 – comes as the Manchester company is under scrutiny for working practices in some of the factories that supply it.

Boohoo said that its Agenda for Change programme set up to tackle those criticisms was making 'significant progress'.

The company reported a 42% increase in sales over the 10 months up to the end of 2020, with particularly strong growth in America. Revenue over that period stood at

 link source - Business Live News

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