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Manchester Evening News
Manchester Evening News
World
Jon Robinson

Boohoo's UK sales fall for the first time as it struggles to keep shoppers spending

Boohoo's sales in the UK have fallen for the first time as it struggled to keep shoppers spending during its latest financial period.

The fashion giant has posted a group revenue of £445.7m for the three months to May 31, 2022. That compares to the £486.1m it achieved during the same period in 2021.

Its UK sales dipped from £274.6m to £272.1m while its revenue in the rest of Europe fell from £54.4m to £49.6m. US sales were also down from £131.9m to £95m but its revenue in the rest of the world increased from £25.2m to £29m.

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