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		</div><p>Online fashion retailer Boohoo said its sales for the year will be higher than previously expected after they soared during the summer.</p>
<p>The fast-fashion business said revenue for the year is now expected to jump between 33% and 38%, after previously forecasting growth of between 25% and 30%.</p>
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<p>Boohoo said earnings for the year are expected to remain in line with expectations, as it drives investment into brands it acquired during the year.</p>
<p>The retailer, founded in Manchester in 2006 by Mahmud Kamani and Carol Kane, has seen shares surge recently, with its market value recently overtaking rival Asos.</p>
<p>Its growth comes amid a malaise across the retail sector driven by sliding footfall as customers continue to shift online.</p>
<p>Analysts at Jefferies hailed the &#8220;stellar performance&#8221; by the retailer as it benefited from warm summer weather.</p>
<p>The company said its strong revenue growth will drive operating leverage across its key brands, including three businesses acquired over the past year.</p>
<p>Last month, the retailer departed from its previous acquisition model of buying brands targeting young consumers to snap up upmarket womenswear retailer Karen Millen.</p>
<p>Alongside Karen Millen, Boohoo also acquired the Coast brand, after also purchasing women&#8217;s fashion business MissPap.</p>
<p>In the first quarter of 2019, Boohoo said first quarter group revenues surged by 39% after strong growth across all its brands.</p>
<p>Recently hired chief executive John Lyttle helped guide the company to a better-than-expected €281.2 million revenue in the &#8220;strong&#8221; period to May.</p>
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<p>Boohoo said further guidance will be given when the group announces its interim results on September 25.</p>
<p>Shares in the company jumped 13.4% to 276p in early trading on Thursday.</p>
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