SHARE

Boohoo’s revenues falter as pandemic consumer trends wane

The fast-fashion etailer has posted an 8% fall in sales in the first quarter, attributing the slowdown to supply chain bottlenecks and tough comparisons with the prior-year period, when people were spending more online during the pandemic.

Certification Note

Certified B Corporation” is a trademark licensed by B Lab, a private non-profit organization, to companies like ours that have successfully completed the B Impact Assessment (“BIA”) and therefore meet the requirements set by B Lab for social and environmental performance, accountability, and transparency. It is specified that B Lab is not a conformity assessment body as defined by Regulation (EU) No 765/2008, nor is it a national, European, or international standardization body as per Regulation (EU) No 1025/2012. The criteria of the BIA are distinct and independent from the harmonized standards resulting from ISO norms or other standardization bodies, and they are not ratified by national or European public institutions.