US Distribution Centre - Timeline17 Jul 2023 21:13
From Page 15 of the Boohoo Annual Accounts for end of year 2023:-
Timeline
The business case for a US fulfilment centre was thoroughly evaluated throughout 2021 with approval by the group’s board in Q2 2022.
During this time, we completed a property search, a 3PL (third-party logistics) tender to operate the site, a solution design and a business impact assessment.
We signed a lease on a property and selected a 3PL partner in Q2 2022 and commenced the site fit-out in Q3 2022 once the physical building was completed.
Our first brand to go live is PrettyLittleThing planned in Q3 2023, followed by Nasty Gal with boohoo, boohooMAN and Karen Millen all planned to go live in early 2024.
FRom me - the opening of the USDC has ranged from early 2023, mid-2023, late summer 2023 and Q3 2023. It seems to me it will be probably be Boohoo's financial year Q3 2024 which is September to November 2023.
If it was anywhere near opening, then I would have thought Boohoo would be saying so in a RNS, to media, etc,
Calendar year Q3 2023 is July to September 2023. Financial Year Q3 2024 is September to November 2023.
Maybe the 2023 Calendar Year and Boohoo's 2024 Financial Year will overlap, so to speak, if the USDC opens in September 2023.