boohoo group plc Response to media commentary
06 Diciembre 2018 - 1:01AM
RNS Non-Regulatory
TIDMBOO
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 Tel: +44 (0)161 831 1512
Finance)
John Goold/Benjamin Robertson (Corporate Tel: +44 (0)20 3829 5000
Broking)
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 Tel: +44 (0)20 7466 5000
Seacombe
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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END
NRALFFELFALEIIT
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December 06, 2018 02:01 ET (07:01 GMT)
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