Analysts have reacted to the "disappointing" half-year results published by fashion giant Boohoo this morning.
The Manchester-headquartered group, which also includes the PrettyLittleThing and Karen Millen brands, made a pre-tax loss of £15.2m for the six months to August 31, 2022, compared to a £24.6m profit during the same period in 2021. Boohoo also reported a 10% drop in its revenue to £882.4m.
The group said higher returns and cost-of-living pressures on customer spending had impacted its results.
