LANCASHIRE online fashion retailer boohoo has unveiled a bumper profits haul as sales continue to surge at the fast growing firm.

The firm, which has a large distribution site in Burnley, saw revenue grow 48 per cent to £856.9million in the year to February 28, and pre-tax profits jumped 38 per cent to £59.9m.

Turnover was up 37 per cent in the UK and 64 per cent in international markets and the firm said trading in the first few weeks of the new financial year had been ‘encouraging’.

Boss John Lyttle, who took up the top job last month, said: “I am very excited to have joined the boohoo group at this key stage of its growth, with the group’s disruptive and proven business model having delivered yet another excellent set of results.

“In my short time within the business, I am delighted to have been able to meet a number of hugely talented people.

“This has confirmed my belief and optimism that the group’s investments into its brands and infrastructure have allowed it to develop a scalable multi-brand platform that is well-positioned to disrupt, gain market share and capitalise on what is a truly global opportunity.”

Mr Lyttle replaced joint chief executives Mahmud Kamani and Carol Kane in March, with the duo taking up the roles of executive chairman and executive director respectively.

The figures showed that revenue at boohoo’s PrettyLittleThing sub-brand grew 107 per cent to £374.4m and Nasty Gal saw sales rise 96 per cent to £47.9m.

Boohoo started in Manchester in 2006 and is now based in Burscough. In 2017 it snapped up PrettyLittleThing and Nasty Gal and in March added the Miss Pap brand to its stable.