Manchester-headquartered fashion giant Boohoo has revealed its sales took a huge cut in the final four months of 2022.
The group, whose brands include PrettyLittleThing, Nasty Gal and Debenhams, said extended delivery times and the cost of living crisis impacted its results. However, Boohoo said it would still hit expectations during its financial year.
In a statement issued to the London Stock Exchange, Boohoo said its UK and US divisions had driven an 11% fall in sales across the group in the four months to the end of December.
