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Boohoo to supply U.S. market from UK
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Boohoo to supply U.S. market from UK
Sep 11, 2024 4:37 AM

LONDON, Sept 11 (Reuters) - British online fashion

retailer Boohoo said it will supply its customers in

the United States from the UK, rather than its U.S. centre,

resulting in a write-down.

It said on Wednesday it would provide further details at its

half-year results, adding that the write-down on its balance

sheet would be against the investments and costs associated with

the distribution centre in Pennsylvania as well as certain

one-off exceptional cash costs.

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