Directors Deals 

Boohoo insider sells shares worth £10.7m

Boohoo insider sells shares worth £10.7m

Boohoo (BOO) doesn’t appear to be in season with investors, as the share price has fallen by around a fifth since the online retailer announced its interim results at the end of last month. The focus was on margins, which management signalled will be around 9 to 10 per cent for the full year, down from the 10 to 10.6 per cent range in previous guidance. Boohoo is sticking to the low prices that it has become known for, while investing in marketing for its recently acquired brands Nasty Gal and PrettyLittleThing, along with funding plans to expand its distribution arm.

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