Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user
You will be redirected back to your article in seconds

Boohoo Eats $35 Million in Extra Shipping Costs

As we settle into the new year, our Sourcing Summit Companion Report looks ahead at ways to optimize processes and performance.

Boohoo sales climbed 20 percent to 975.9 million pounds ($1.32 billion) in the first half of 2021, but skyrocketing container shipping costs dented profits. Net income after tax dipped 66 percent to 17.8 million pounds ($24 million), or 1.38 pounds per share ($1.86 per share) for the half. In a Nutshell:  The British fast-fashion retailer…

This content is for Annual and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or subscribe.

Log In Subscribe

More from our brands

Access exclusive content Become a Member Today!