RE: Norges Bank14 Feb 2022 00:09
In 2017 Boohoo was growing more than 100% in UK with loads of growth in USA, Europe and Rest of World. In 2017 margins were more than 10%
In 2022 Boohoo has too much competition from the likes of Shein and growth is down to 32% in UK, negative in USA, negative in Europe and negative in Rest of World. In 2022 margins are forecast to be 6% to 7%. Huge falls hence Boohoo's share price falling.