Boohoo is an online-only fashion company, that has enjoyed success in the UK clothing sector since becoming active in 2006. Over the past decade, the company’s revenue has grown massively, almost reaching the two billion pound mark in 2022. By 2024, the company reached 1.8 billion pounds. The retailer specializes in clothing lines for young consumers aged 16-30, and sells its own-brand products.
Large user base around the globe
Boohoo is a pure player and has presence in markets outside the UK. Over the years, the retailer has exponentially expanded its user base, with millions of active users on its platform worldwide. In the 2023 financial year, the number of Boohoo shoppers was 18 million.
Online, digital and social
Boohoo is the kind of retailer that many high street clothing brands that have long been in the game is fearful of: it’s young, hip, and digital and already changing the face of fashion, taking it from store to the screen. In 2023, boohoo.com ranked among the leading UK fashion websites, based on its Share of Voice score. Boohoo was surpassed by Amazon, ASOS, another online-only fashion brand, and the multichannel fast-fashion retailer Next.
Revenue of Boohoo.com Plc. group worldwide from 2012/13 to 2023/2024
(in million GBP)
The source adds the following information: "Revenue is attributable to the one principal activity of the business. Revenue represents net invoiced sales of goods including postage and packing receipts, excluding value added tax. Revenue from the sale of goods is recognized when the customer has received the products and is adjusted for actual returns and a provision for expected returns."
The Boohoo.com Plc. group owns the brands boohoo, boohooMAN, PrettyLittleThing, Nasty Gal, MissPap, Karen Millen and Coast in the UK.
The company's financial year ends in February of each year.
Figures for years prior to 2020/21 are taken from previous annual reports by the source.
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boohoo.com. (May 23, 2024). Revenue of Boohoo.com Plc. group worldwide from 2012/13 to 2023/2024 (in million GBP) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/794862/boohoo-plc-group-revenue-worldwide/
boohoo.com. "Revenue of Boohoo.com Plc. group worldwide from 2012/13 to 2023/2024 (in million GBP)." Chart. May 23, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/794862/boohoo-plc-group-revenue-worldwide/
boohoo.com. (2024). Revenue of Boohoo.com Plc. group worldwide from 2012/13 to 2023/2024 (in million GBP). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/794862/boohoo-plc-group-revenue-worldwide/
boohoo.com. "Revenue of Boohoo.Com Plc. Group Worldwide from 2012/13 to 2023/2024 (in Million Gbp)." Statista, Statista Inc., 23 May 2024, https://www.statista.com/statistics/794862/boohoo-plc-group-revenue-worldwide/
boohoo.com, Revenue of Boohoo.com Plc. group worldwide from 2012/13 to 2023/2024 (in million GBP) Statista, https://www.statista.com/statistics/794862/boohoo-plc-group-revenue-worldwide/ (last visited November 21, 2024)
Revenue of Boohoo.com Plc. group worldwide from 2012/13 to 2023/2024 (in million GBP) [Graph], boohoo.com, May 23, 2024. [Online]. Available: https://www.statista.com/statistics/794862/boohoo-plc-group-revenue-worldwide/