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Boohoo all smiles as it prepares to hit the £1bn sales mark

Boohoo is on track to make more than £1 billion in sales for the first time after shoppers flocked to its website for cheap metallic bikinis and clingy summer dresses.

The fast-fashion online retailer made an unscheduled announcement yesterday that its sales would be higher than anticipated, a welcome change for retail investors who have become used to profit warnings from the sector amid weakening consumer confidence.

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