© Provided by City AM Boohoo has secured extra warehouse space to drive sales growth, creating up to 500 new jobs.
The fast fashion firm said it had secured a long-term lease for a new warehouse in Daventry, which will become operational in the second quarter of its financial year.
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The new warehouse space, in addition to its existing sites in Burnley, Sheffield and Wellingborough, will give the group a net sales capacity of more than £4bn.
Boohoo said it expects to invest more than £50m in the site over the coming years to increase capacity.
The deal will create up to 500 jobs, with the possibility of a further 1,000 jobs as capacity increases.
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