Amidst the pandemic-induced crisis, Boohoo Group has some plans to create job opportunities for the people in the UK.
The British online fashion retailer has revealed its plans to create 5,000 new jobs in the UK by 2026.
The Group added that the investment programme worth £500 million reflects the need to meet growing demand.
Amongst the e-tailer’s plans was the purchase of additional warehouse space, besides investing in modern technology to enhance operational efficiency.
Despite being in the news for wrong reasons all through last year, it’s been a good 2021 for the retailer. First it bought Debenhams in January 2021 and then snapped up some Arcadia brands in February, followed by an excellent first quarter that saw its revenue surge by 32 per cent.
The latest investment to create more jobs is another effort on the part of the Group to look at the future and emerge stronger.
Boohoo Group, which owns PrettyLittleThing and Nasty Gal, amongst others, generates revenue of US $ 856.9 million.