Last year the online fashion retailer made a pre-tax profit of £16million, but the time is very good as Boohoo fashion made double profits to £31million this year.
Their sale went high by 51% to around £31million, due to their expanding overseas markets. Boohoo is based in Northern English county Manchester and their primary business location would online sell only, the shop provides cutting-edge tech design with affordable pricing for everyone.
The booming sale has increased their share price, gone up to trebled than last year. The total stock price value as £560m which is now worth around £2bn.
The firm has grown and grown over the last few years.