Whilst many retail investors welcome 2017, not those who bet on Boohoo.com! Their stock rise is the biggest of any western European consumer-related company, soaring c.260% in 2016 with a market capitalisation of more than £400m. Boohoo is no one of fashion’s most successful etailers. Last year saw its launch of a menswear site, addition of kidswear, sale increase of 40%, the business was valued at £1bn and they acquired a 66% share in PrettyLittleThing. Now, they’re a stalking horse bidder for Nasty Gal, looking to acquire certain intellectual property assets. Where will 2017 take them?
