Yahoo for Boohoo as sales jump

Boohoo has reported a jump in sales despite wider retail doom and gloom

The retailer has reported a 44% jump in sales for the four months to 31 December, compared to the same period in 2017.

Meanwhile its sales in the US soared by 78% while its profit margin rose 1.7% to 54.2%

It has also raised its estimate for sales growth for the financial year which ends 28 February.