A warning has been issued over when fashion giant Boohoo will return to profit as it battles a sharp drop in sales.
Shares in the Manchester-headquartered group fell this week after revealing its sales are expected to be cut by 12% during its current financial year.
Boohoo, whose brands include PrettyLittleThing, Nasty Gal and Debenhams, said extended delivery times and the cost of living crisis had impacted its results.
