Boohoo's pre-tax profits slumped by more than 90% during its latest financial year because of the Covid-19 pandemic and a rise in return rates.
The Manchester-headquartered group 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.
The fall was despite Boohoo's revenue increasing from £1.745bn to £1.982bn.
