RCS - boohoo group plc - Response to media commentary

BoohooAnnouncement

06/12/2018 07:05

RNS Number : 6005J
boohoo group plc
06 December 2018
 





For Immediate Release


6 December 2018













 
 
boohoo group plc
 
("boohoo" or the "Company")
 
Response to media commentary
 
 
boohoo notes the media commentary around the advertising of its promotional offers. The Company has been in correspondence with the Committee of Advertising Practice (CAP) and the Advertising Standards Authority (ASA) on this particular matter. CAP has requested that the Company take its guidance on board. The Company has confirmed that it will do so and will continue to review its promotional offers so that they comply with applicable regulations. CAP has confirmed that this matter is closed and there will be no further action.
 
 
N.B. CAP writes and maintains The UK Code of Non-broadcast Advertising, Sales Promotion and Direct Marketing (the CAP Code). The Advertising Standards Authority (ASA) is the UK's independent regulator that administers the Code.
 
 



Enquiries








boohoo group plc








Neil Catto, Chief Financial Officer


Tel: +44 (0)161 233 2050




Alistair Davies, Investor Relations


Tel: +44 (0)161 233 2050




Clara Melia, Investor Relations


Tel: +44 (0)20 3289 5520














Zeus Capital - Nominated adviser and joint broker








Nick Cowles/Andrew Jones (Corporate Finance)


Tel: +44 (0)161 831 1512




John Goold/Benjamin Robertson (Corporate Broking)


Tel: +44 (0)20 3829 5000














Jefferies Hoare Govett - Joint broker








Nick Adams/Max Jones


Tel: +44 (0)20 7029 8000














Buchanan - Financial PR adviser


boohoo@buchanan.uk.com




Richard Oldworth/ Sophie Wills/ Maddie Seacombe


Tel: +44 (0)20 7466 5000













 
About boohoo group plc
 "Leading the fashion eCommerce market"
Founded in Manchester in 2006, the group started life as boohoo.com, an inclusive and innovative brand targeting young, value-orientated customers. For over 10 years, boohoo has been pushing boundaries to bring its customers up-to-date and inspirational fashion, 24/7. boohoo has grown rapidly in the UK and internationally, expanding its offering with range extensions into menswear through boohooMAN.
 
In early 2017 the group extended its customer offering through the acquisitions of the vibrant fashion brand PrettyLittleThing, and free-thinking brand Nasty Gal. United by a shared customer value proposition, our brands design, source, market and sell great quality clothes, shoes and accessories at unbeatable prices. This investment proposition has helped us grow from a single brand, into a major multi-brand online retailer, leading the fashion eCommerce market for 16 to 30-year-olds around the world. Today the boohoo group sells to over 9.8 million customer accounts across all its brands in almost every country in the world. 
 




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