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Evening Standard
Evening Standard
Business
Daniel O'Boyle

Boohoo plunges to £90.7m loss, but shares surge as boss promises return to growth by Autumn

Boohoo John Lyttle

Boohoo plunged to a £90.7 million loss in the year to the end of February, and warned that the decline of the online fast fashion house would continue until the Autumn.

Markets responded positively, though, as the retailer said it will return to growth in the second half of this financial year.

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