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Boohoo sales rise 32% in latest quarter, maintains guidance

LONDON, June 15 (Reuters) - British online fashion retailer Boohoo on Tuesday reported a 32% rise in sales in its latest quarter despite a tough year-on-year comparative, benefiting from a pick-up in demand as lockdown restrictions eased.

Boohoo, which sells clothing, shoes, accessories and beauty products aimed at 16 to 40-year olds, maintained guidance for full year 2021-2022 revenue growth of about 25%, with an overall core earnings (EBITDA) margin of 9.5-10%. (Reporting by James Davey; editing by Sarah Young)

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