Boohoo Group (BOO)

Sector:

Retailers

Index:

FTSE AIM 100

34.20p
   
  • Change Today:
      0.18p
  • 52 Week High: 49.28
  • 52 Week Low: 29.32
  • Currency: UK Pounds
  • Shares Issued: 1,268.68m
  • Volume: 4,870,817
  • Market Cap: £433.89m
  • RiskGrade: 206

Asos, Boohoo, Asda ordered to green up their act

By Frank Prenesti

Date: Wednesday 27 Mar 2024

LONDON (ShareCast) - (Sharecast News) - UK regulators have ordered Asda, Asos and Boohoo to avoid "greenwashing" environmental claims on the clothing they sell.



The trio will now have to file regular reports to the UK's Competition and Markets Authority (CMA) after the regulator started probing in 2022 amid worries the retailers were not using evidence to back up their "green" claims.

All have agreed to set out their claims more accurately and not to use "natural" imagery such as green leaves to make a product look better than it is. They were warned that fines could be imposed under current laws for any breaches.

Asda, now privately owned by the billionaire Issa brothers Mohsin and Zuber sells clothing in the UK under its 'George' label.

"What we're asking firms to do is put themselves in the shoes of their shoppers, and see whether that claim is understandable in its own right - is it accompanied by information that makes clear what that means?" said CMA interim executive director for consumer protection and markets George Lusty.

Reporting by Frank Prenesti for Sharecast.com

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Boohoo Group Market Data

Currency UK Pounds
Share Price 34.20p
Change Today 0.18p
% Change 0.53 %
52 Week High 49.28
52 Week Low 29.32
Volume 4,870,817
Shares Issued 1,268.68m
Market Cap £433.89m
RiskGrade 206

Boohoo Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
31.35% below the market average31.35% below the market average31.35% below the market average31.35% below the market average31.35% below the market average
7.69% above the sector average7.69% above the sector average7.69% above the sector average7.69% above the sector average7.69% above the sector average
Price Trend
38.92% below the market average38.92% below the market average38.92% below the market average38.92% below the market average38.92% below the market average
45% below the sector average45% below the sector average45% below the sector average45% below the sector average45% below the sector average
Income Not Available
Growth
85.11% below the market average85.11% below the market average85.11% below the market average85.11% below the market average85.11% below the market average
55% below the sector average55% below the sector average55% below the sector average55% below the sector average55% below the sector average

What The Brokers Say

Strong Buy 2
Buy 2
Neutral 5
Sell 7
Strong Sell 1
Total 17
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Boohoo Group Dividends

No dividends found

Trades for 26-Apr-2024

Time Volume / Share Price
16:35 334,272 @ 34.20p
16:35 4,106 @ 34.20p
16:35 47,426 @ 34.20p
16:35 4,189 @ 34.20p
16:35 17,013 @ 34.20p

Boohoo Group Key Personnel

CFO Stephen Morana
CEO John Lyttle

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