Boohoo to supply US market from UK By Reuters

LONDON (Reuters) – British online fashion retailer Boohoo (LON: ) said it will supply its US customers from the UK rather than its US hub, leading to a write-down.

It said on Wednesday it would provide more details on its half-year results, adding that the impairment on its balance sheet would be related to investments and costs associated with the distribution center in Pennsylvania, as well as certain exceptional cash costs. .