Boohoo Plunges on Latest Profit Warning; Pressure on Margins
Boohoo Profit Warning: Shares in fast fashion retailer Boohoo (LON:BOO) fell to new multi-year lows today as the latest guidance revealed that profits would miss forecasts. This perhaps came as no surprise as many retailers have been struggling. Studio Retail, AO World, and Joules have all warned recently. However, BOO is the largest of these … Read more