Skip to content 
Search

Latest Stories

Boohoo to probe price disparity for same clothing

ONLINE retailer Boohoo is facing price disparities across a range of its brands when a same item of clothing is being sold at a different price at its different fashions labels.

The discrepancy was found out by BBC, when a same coat had different prices at Dorothy Perkins and Coast - both owned by Boohoo. At Coast it was over-priced at £34.


At its other brands such as Oasis and Warehouse, price disparities are also there. In response, Boohoo said the "miscommunication was not intentional".

"All Boohoo group brands work independently, and so this miscommunication was not intentional as teams are not privy to what's being bought and sold across the other group brands," a spokeswoman for Boohoo said.

"Our internal investigation continues and we will be re-pricing all the crossover stock to be aligned."

Catherine Erdly, founder of The Resilient Retail Club consultancy, and a former senior merchandiser at Coast, said: "If all Boohoo are going to do is buy the same stuff and slap different prices on it then it's destroying that brand's identity."

In another instance of clothing being priced differently, a long "luxe" padded coat in the colour mushroom was originally sold for £89 at Oasis and £65 at Dorothy Perkins.

The same coat in khaki was in the sale for £30 in Warehouse and £66.75 in Coast until the matter was brought to Boohoo's attention by the BBC. Now both are priced at £18.

Boohoo operates a number of different brands after buying up businesses when their owners fell into administration.

More For You

Asian firm acquires Kings Court Hotel for £2.75m

UK-based Nanak Hotels acquired the 60-room Kings Court Hotel in Warwickshire for £2.75 million. (Photo: Colliers International UK)

Asian firm acquires Kings Court Hotel for £2.75m

UK-BASED Nanak Hotels recently acquired the 60-room Kings Court Hotel, a 17th-century property in Warwickshire, England, for £2.75 million. This is the first regional acquisition by the privately held firm led by British Indians Harpreet Singh Saluja and Karamvir Singh.

Nanak Hotels, which operates a UK property portfolio, plans to invest in the property's refurbishment and repositioning, according to a statement from Colliers International UK, which brokered the transaction.

Keep ReadingShow less
Priya Nair becomes first woman CEO in Hindustan Unilever's history

Priya Nair (Photo: Unilever)

Priya Nair becomes first woman CEO in Hindustan Unilever's history

PRIYA NAIR has been appointed as the CEO and managing director of Hindustan Unilever Ltd (HUL), effective from August 1. She will be the first woman to lead the company in its history.

The announcement was made by HUL on Thursday (10). Nair, who currently serves as president, Beauty & Wellbeing at Unilever, will take over the role from Rohit Jawa, who will step down on July 31 to pursue other interests.

Keep ReadingShow less
UK business district
The Canary Wharf business district including global financial institutions in London.
Getty Images

Economy shrinks again in May, hitting Labour’s growth plans

THE UK economy contracted unexpectedly in May, marking the second consecutive monthly decline, according to official data released on Friday. The figures present a challenge for the Labour government as it attempts to revive economic growth.

Gross domestic product fell by 0.1 per cent in May, following a 0.3 per cent contraction in April, the Office for National Statistics (ONS) said in a statement.

Keep ReadingShow less
SBI UK cuts mortgage rates

The bank's commitment to green lending reflects focus on sustainability (Photo: Getty Images)

SBI UK cuts mortgage rates

BANKING major State Bank of India (UK) has cut interest rates on its buy-to-let mortgage products to help landlords reduce borrowing costs.

The bank said the rate cuts would help landlords invest in rental properties and meet growing demand for rental homes across the UK.

Keep ReadingShow less