Overview
Description
Boohoo Group plc is represented in the global financial markets through its Unsponsored American Depositary Receipts (ADRs). Boohoo Group is an online fashion retailer based in the United Kingdom, known for its trendy and affordable clothing line and accessories targeting the youth demographic. The company operates primarily through its multiple e-commerce platforms, catering to fashion-forward consumers in the UK and other international markets.
The unsponsored ADRs of Boohoo Group provide a means for investors in the United States to gain exposure to the company's growth and performance without directly purchasing shares on international exchanges. These ADRs are created by a depositary bank and are traded on the over-the-counter (OTC) markets, facilitating easier access to Boohoo's shares for American investors.
Boohoo Group is influential in the fast fashion industry, renowned for quickly turning current fashion trends into products available to its customers. This agile business model has allowed Boohoo to maintain a robust presence in the dynamic online retail sector, responding promptly to changes in consumer preferences and maintaining relevance across diverse markets.
About
CEO
Mr. John William Lyttle
Employees
5079
Address
49-51 Dale Street
Manchester, M1 2HF
Manchester, M1 2HF
Phone
—
Website
Instrument type
American depositary receipt
Sector
Consumer Cyclical
Industry
Internet Retail
Country
United States
MIC code
PINX