Boohoo raises sales guidance after first-half profit jumps 22 percent
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LONDON (Reuters) - Boohoo , the fast-growing British online fashion retailer, reported a 22 percent increase in first-half profit and raised sales guidance for the full year, underlining its position as one of the winners in a brutal clothing market.Founded in Manchester, northern England, in 2006, Boohoo has expanded rapidly, purchasing the PrettyLittleThing and Nasty Gal brands at the beginning of last year.Boohoo and fellow pure internet players, like ASOS , are bucking a challenging backdrop..