Boohoo.com (AIM: BOO) – A stylish start to FY 2016
AIM’s young online fashion retailer has today issued its first quarter trading update, for the three months to 31st May 2015.
The update indicated the Group has made a good start to trading in their 2016 financial year, with overall sales in the period up 35% compared to Q1 FY 2015. Furthermore gross margins climbed more than 60%. This is a very reassuring update from the fashion ‘etailer’, who appears to be back on track following profit warnings during the latter part of FY 2015. Q3 of FY 2015 indicated how boohoo.com can be just as…
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