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Boohoo.com
Boohoo Group plc is a British online fashion retailer, aimed at 16–30 year olds. The business was founded in 2006, and had sales in 2019 of £856.9 million. It specialises in own brand fashion clothing, with over 36,000 products. Growing rapidly, the company has acquired the brands and online presence of several defunct high street retailers, and also seen controversy over working conditions at some of its suppliers. History Boohoo was founded in 2006 by Mahmud Kamani and Carol Kane, who respectively serve as group executive chairman and an executive director, and who previously supplied high street chains such as Primark and New Look. The company completed its initial public offering (IPO) in March 2014, with its shares trading considerably above the 50p float price on the company's debut in the AIM sub-market of the London Stock Exchange. Valuing Boohoo at almost £600 million, the floatation saw Kamani net £135 million and Kane £25 million. Boohoo has been criticised fo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
PrettyLittleThing
PrettyLittleThing is a UK-based Fast fashion, fast-fashion retailer, aimed at 16-24-year-old women. The company is owned by Boohoo.com, Boohoo Group and operates in the UK, Ireland, Australia, US, France, Middle East and North Africa. The brand's main headquarters are in Manchester, with offices in London, Paris and Los Angeles. History PrettyLittleThing was co-founded in 2012 by Umar Kamani and his brother Adam Kamani. It started with an accessory only brand with limited products on the site. Since then the company has expanded and now operates internationally, including the US, Irish, Australian, Middle East, French and Canadian markets. The company sells Womenswear, footwear, accessories and beauty products. Celebrities including Miley Cyrus, Michelle Keegan, Rita Ora, Jessie J and Nicki Minaj were seen wearing their products. In February 2017, the company reported sales of £47.7m. In September 2015, it launched its mobile application in the UK market. In 2016, the brand pa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mahmud Kamani
Mahmud Abdullah Kamani (born August 1964) is a British billionaire businessman. He is co-founder and executive chairman of Boohoo Group. Early life His father Abdullah Kamani is from Gujarat, India; settled in Kenya, but left in the 1960s due to unrest with his wife and four children. Abdullah started by selling handbags at a market stall, before starting a family textile business, supplying New Look and Primark. Career In 2013, Kamani was awarded ‘Entrepreneur of the Year’ at the English Asian Business Awards. In 2015 he was honoured at the Legends of Industry Awards. In April 2017, Boohoo announced that its profits had almost doubled to £31 million on sales up by 51% to almost £300 million. When the company was floated on the stock market in 2014, it was valued at £560 million, and is worth about £3.54 billion as of July 2021. In June 2017, Kamani sold a total of 36.6 million shares together with his siblings, Nurez and Rabia. He sold over £80 million worth of Boohoo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Carol Kane (businesswoman)
Carol Kane (born October 1966) is a British businesswoman, the co-founder and joint CEO of Boohoo.com. Early life Carol Kane was born in October 1966. She comes from a working-class background, the youngest of four children of a builder father. Career Kane started her career as a designer, going to Berkshire College of Art & Design in Maidenhead Berkshire, before moving to London.In 1993, she took a position working as a senior designer for Pinstripe Clothing. Boohoo was founded in 2006 by Carol Kane and Mahmud Kamani, who are joint chief executives. Boohoo also runs boohooMAN.com, PrettyLittleThing.com and NastyGal.com and all of the brands are targeted at 16-24 year olds. In April 2017, Boohoo announced that its profits had almost doubled to £31 million on sales up by 51% to almost £300 million. When the company was floated on the stock market in 2014, it was valued at £560 million, and is worth about £2 billion as of April 2017. Personal life Kane has a long-term p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Burton (retailer)
Burton is a British online clothing retailer and former high street retailer specialising in mens clothing and footwear. The company was a constituent of the FTSE 100 Index, but became a trading name of ''Arcadia Group Brands Ltd'', part of the Arcadia Group. Sir Philip Green acquired the Arcadia Group in 2002, and it became the sole owner of Burton. In 2020, Arcadia went into administration, putting the Burton brand up for sale; in February 2021, Boohoo.com acquired the brand from its administrators. There were over 400 stores in the UK. History The company was founded by Sir Montague Maurice Burton in Chesterfield in 1903 under the name of The Cross-Tailoring Company. It was first listed on the London Stock Exchange in 1929 by which time it had 400 stores, factories and mills. After World War II, Montague Burton was one of the suppliers of demob suits to the British government for demobilising servicemen, comprising jacket, trousers, waistcoat, shirt and underwear. It has ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Debenhams
Debenhams plc was a British department store chain operating in the United Kingdom, Denmark and the Republic of Ireland. It was founded in 1778 as a single store in London and grew to 178 locations across those countries, also owning the Danish department store chain Magasin du Nord. In its final years, its headquarters were within the premises of its flagship store in Oxford Street, London. The range of goods sold included middle-to-high-end clothing, beauty, household items, and furniture. The company suffered financial difficulties in the 21st century and entered administration twice, in April 2019 and April 2020. In November 2020, Debenhams' main concession operator Arcadia also entered administration, leading to the collapse of talks with JD Sports and Frasers Group over a potential rescue. As a result, Debenhams announced it would be liquidated. The Debenhams brand and website were purchased by the online retailer Boohoo for £55m in January 2021. However, Boohoo did not ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dorothy Perkins
Dorothy Perkins is an online British women's fashion brand based in the United Kingdom. Formerly a store chain, it sold both its own range of clothes and branded fashion goods until February 2021, when it became part of Boohoo.com, having been acquired after the collapse of Philip Green's fashion empire Arcadia Group. History Founded in 1909 under the name H. P. Newman, the company changed its trading name to Dorothy Perkins in 1919. In the 1960s, Dorothy Perkins was controlled by the Farmer family, who used to own Winster Hosiery. Staff in the branches could expect regular visits from Alan Farmer, whose picture was printed in a booklet handed to new employees. Best known for its lingerie, tights, and sleepwear collections, its other clothes had difficulty competing with the more trendy Lewis Separates, now owned by River Island Clothing Company Ltd, and Peter Robinson. In the late 1960s, Dorothy Perkins co-funded Biba's expansion into a large boutique on Kensington High S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Karen Millen
Karen Millen is a British online women's clothing retailer specialising in tailoring, coats and evening wear. Formerly a high street chain with stores throughout the United Kingdom, United States, Indonesia, Austria, Denmark, Russia, the Republic of Ireland and many other European countries, since 2019 it has been an online-only brand of Boohoo plc. History Karen Millen studied fashion at the Medway College of Design which is now known as University for the Creative Arts. The company was founded in 1981 when Millen partnered with Kevin Stanford. With a loan of £100, the pair bought one thousand metres of white cotton and began manufacturing and selling white shirts to their friends. A party-plan network followed, and in 1983, they opened their first store in Maidstone, Kent, which was followed a few years later by branches in Tunbridge Wells, Brighton, Guildford and London. The brand continued to expand throughout the 1990s, and was acquired in June 2004 by the Icelandic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wallis (retailer)
Wallis is an online British women's clothing brand. Previously a retailer, Wallis operated from 134 stores and 126 concessions across the UK and Republic of Ireland. Wallis was a subsidiary of the Arcadia Group before its collapse in late 2020. The brand is now owned by Boohoo.com. History The first store was opened by the founder, Raphael Nat Wallis, in Chapel Market, Islington in 1923. Known from the start for its coats (sold originally for 19 shillings) and dresses, it had the slogan: 'Comparison invited. Competition defied". By the 1940s, the chain had 25 shops and a turnover of £300,000 a year. 1960s fashion success From the 1950s, under the leadership of Jeffrey Wallis, son of the founder, the company became known for its selections from Paris – from 1957 this was known as 'pick of Paris', later this became 'Paris Originals' – and produced exact copies of top couture clothes. Paying a fee to attend the fashion shows of names such as André Courrèges, Courrèges, Cha ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Warehouse (clothing)
Warehouse was a British clothing retail chain, founded in 1976. Warehouse was owned by Aurora Fashions, as were women's fashion brands Coast and Oasis. In November 2016, the administrator for Aurora Fashions, Kaupthing Bank, placed the retailers up for a £100 million sale. On 16 April 2020, it was announced that both Warehouse and Oasis had fallen into administration. On 30 April 2020, it was announced that administrators had failed to find a buyer with the loss of 1,800 jobs. In June 2020, the Warehouse brand, assets and stock, along with those of the Oasis chain, were acquired by online retailer Boohoo, reuniting Warehouse with former sibling Coast, acquired by Boohoo as part of a separate takeover of the Karen Millen Karen Millen is a British online women's clothing retailer specialising in tailoring, coats and evening wear. Formerly a high street chain with stores throughout the United Kingdom, United States, Indonesia, Austria, Denmark, Russia, the Republ ... Group ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oasis Stores
Mosaic Fashions hf was the company of several fashion brands. The company has 1,760 stores and concessions in the UK, Europe and the USA, 234 Franchise stores in 44 countries and 93 joint venture stores including 84 concessions in China. History Oasis The Oasis stores started in 1991, and in 1995 Oasis Stores Plc. was floated on the London Stock Exchange. In April 1998 Oasis purchased the Coast stores. In September 2001 the management team of Oasis Stores Plc, acquired the company via Sierra Acquisitions Ltd., supported by PPM Ventures. Sierra Acquisitions Ltd. later became a part of Sierra Holdings Ltd. On 16 April 2020, it was announced that both Oasis and Warehouse had fallen into administration. On 30 April 2020 the administrators announced that they had failed to find a buyer for both stores with the loss of 1,800 jobs. The brand was later bought by Boohoo.com. Mosaic Fashions In November 2003 Oasis and Coast were acquired from PPM Ventures by a secondary management ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alternative Investment Market
AIM (formerly the Alternative Investment Market) is a sub-market of the London Stock Exchange that was launched on 19 June 1995 as a replacement to the previous Unlisted Securities Market (USM) that had been in operation since 1980. It allows companies that are smaller, less-developed, or want/need a more flexible approach to governance to float shares with a more flexible regulatory system than is applicable on the main market. At launch, AIM comprised only 10 companies valued collectively at £82.2 million. As at May 2021, 821 companies comprise the sub-market, with an average market cap of £80 million per listing. AIM has also started to become an international exchange, often due to its low regulatory burden, especially in relation to the US Sarbanes–Oxley Act (though only a quarter of AIM-listed companies would qualify to be listed on a US stock exchange even prior to passage of the Sarbanes–Oxley Act). By December 2005, over 270 foreign companies had been admitted ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fast Fashion
Fast fashion is a term used to describe the clothing industry's business model of replicating recent catwalk trends and High fashion, high-fashion designs, mass production, mass-producing them at a low cost, and bringing them to retail stores quickly, while demand is at its highest. The term ''fast fashion'' is also used generically to describe the products of the fast fashion business model. Fast fashion grew during the late 20th century as manufacturing of clothing became less expensive — the result of more efficient supply chains and new quick response manufacturing methods, and greater reliance on low-cost labor from the apparel manufacturing industries of South, Southeast, and East Asia, where women make up 85-90% of the garment workforce. Labor practices of fast fashion are often exploitative, and due to the gender concentration of the garment industry, women are more vulnerable. Retailers who employ the fast fashion strategy include Primark, H&M, Shein (company), Shein, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
