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Online fashion retailer Boohoo has reported a double-digit hike in both earnings and sales for the full financial year with group revenue surging 44% to GBP1.23bn, ahead of revised expectations the group provided in January. Though Boohoo has not provided any guidance for FY2020/21, one analyst says it is "well-positioned" to weather the retail storm caused by the Covid-19 pandemic with its key brands likely to benefit from their value propositions once nationwide restrictions are lifted and consumers are able to start going out again
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