Online retailer Boohoo announced plans to create 5,000 new fashion retailer jobs in the UK through an investment plan worth more than £500 million in the next five years.
The cash injection will help the company continue the growth it has experienced since its launch 15 years ago, expanding from a single brand in 2006 to 13 brands worldwide.
The Manchester-based boohoo group now accounts for about half of its sales from international markets like the United States and Australia.
To meet this growing demand, the company has confirmed plans to secure additional storage space and invest in “smart IT solutions jobs“, which will help improve the efficiency of its processes.
Boohoo group, chief executive John Lyttle, said: “The growth this business has experienced over the last 15 years has been phenomenal. It has not been without its challenges, but it is right to celebrate the company’s significant contributions to the towns and communities where we operate. The investments we have planned will help us to continue our growth, increasing our customer base both at home and abroad, adding even more value as we do so.
He added, ” All of this has only been possible because of the amazing people who form our boohoo family. I am so proud of the way they rise to every challenge, and I look forward to growing together as we cement our position as leaders in global fashion e-commerce.”
The group currently has 7,000 employees in four UK distribution centres and delivers 190,000 to 230,000 packages per day. These packages are handled by 13 major courier companies jobs and support approximately 1,660 jobs in the 2020/21 fiscal year.