Boohoo has vowed to "rebound strongly" after its pre-tax profits plunged by more than 90% during its latest financial year.
The Manchester-headquartered fashion giant said the slump was due to costs related to the Covid-19 pandemic and a rise in return rates.
The company has posted profits of £7.8m for the 12 months to February 28, 2022, down from the £124.7m it reported during the prior year.
