I'm surprised no one has mentioned this, but at the end of the Boohoo (LON:BOO) 2021 Preliminary Results webinar John Little stated that Boohoo were looking into opening a warehouse in the USA.

This is very interesting news, it is the first I've heard of it from Boohoo.

It's right at the end of the results webinar at 1:30:30.


Q: Is there any update you can give in terms of international warehousing plans?

John Little CEO: So we've just acquired the two UK ones and obviously that gives us capacity for the next two years with the work we are doing in Sheffield on automation. We are working on where warehousing will come next after that and for sure it looks like it's going to be outside of the UK and at the moment that for certain looks like it's also going to be going west rather than east so it looks like it is going to be in North America, we're just working through the details of location, size, automation, etc. So we'll update once we've made our final agreements and decisions on that.

Unlock the rest of this article with a 14 day trial

or Unlock with your email

Already have an account?
Login here