Fashion pioneer will keep rising

ONLINE retailer BOOHOO has become one of the leading lights of the fast-fashion revolution, and has had an impact on the traditional high street.

Without a legacy of bricks-andmortar stores to worry about, the Manchester-firm’s profits and sales have soared.

And it looks set to benefit further after it swooped to snap up rival clothing brands Nasty Gal and Pretty Little Thing.

The latter company has recently launched a clothing line with American TV personality and socialite Kourtney Kardashian.

So despite shares almost doubling in price on occasion this year, it could still have a way to go.

Shares started 2017 at around 132p each and rocketed to as high as 266p at points during the course of the year, before settling back yesterday at 188.5p.