Boohoo shares fall 13% as online fashion retailer faces cash-strapped buyers

The company also said it expects full-year sales growth in the low single digits, which would be the smallest increase since its initial stock sale in 2014

Boohoo, whose brands include PrettyLittleThing and Nasty Gal, is also recovering from a labour supply scandal in 2020 which sparked governance changes at the e-commerce retailer.

Boohoo shares plunged after the UK online clothing retailer warned that revenue growth may grind to a halt in the first half as cash-strapped consumers return more garments. 

Boohoo, whose brands include PrettyLittleThing and Nasty Gal, is also recovering from a labour supply scandal in 2020 which sparked governance changes at the e-commerce retailer.