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Well those chinese are quite strategic thinkers, and love to dominate the markets they act in.
If Reardon (or whoever) is correct then supposing Big Michael flogs his stake for a few quid and who knows, he may even come to an arrangement with Shein as part of the package to flog his empires other goods via Sheins expanding business.
Winner winner for all concerned.
Daytrade you are the only person ever to post here at 4am
Give it up man, you are wasting your life
Well could be.
Interesting to see nobody taking any notice of Sheins eco creds (similarly here), so a few parallels.
Could be that the poster who originally suggested (cant remember who, maybe Reardon?) that Big Michael has taken up a position here to flog onto Shein post ipo.
Could be on the money
Good luck with that!
The problem for Shein is that, while consumers are undeterred by its practices, businesses might be. Deglise-Favre notes: “Shein’s lack of transparency surrounding its ESG practices might make some brands hesitant to be distributed through its marketplace.”
Although it shared the stage with big-name brands, several were keen to distance themselves from the fashion retailer. Reuters was told by Hasbro and Suntory that they were participating in the event for general best practice, and Suntory specifically made clear that it has no plans to sell its drinks on the marketplace.
"So obsessively that you post in the middle of the night"
Is your clock wrong - its 20.36pm?
Are you my (thankfully not) my mother or something.
Revb goose could be cooked??
Seems Shein going to expand into other areas, after a 20% increase in sales to end of 2023.
Beauty be8ng one of them.
Going to eat BOO's pudding as well as lunch
"Shein has its eye on new markets
The other benefit for Shein of an expansion of its marketplace would, of course, be growth. Thus far, environmental and human rights allegations have done little to deter consumers with the company seeing a year-on-year sales growth of more than 20% in the first 10 months of 2023."
No wonder that sp aint moving.
https://www.just-style.com/features/explainer-will-sheins-plan-to-expand-beyond-fashion-work/?cf-view
Nobody (other than you it seems) is even remotely 8nterested in a struggling tat flogger, far more important matters for mainstream news to cover
In that case, daytrade, why do you seem to spend every waking hour obsessing about it. So obsessively that you post in the middle of the night
So daytrade you are banging on about a committee meeting that, as far as we are aware, two out of fifteen companies turned up to and another three gave written evidence to because they couldn't make it, despite probably having months of notice.
A committee that had none of it's original recommendations accepted. A meeting that is so inconsequential that it doesn't even make the news
And you try to make out the Boo rep was incompetent based on a single quote from an article. Do you have any idea how many questions he was asked daytrade or how long he spoke for?
I'd guess not.
Height of embarrassing
After all that has gone before with boohoo, they get caught sticking labels into garments made in a foreign sweatshop.
2 wrongs, one in doing it, the other in getting caught.
No doubt Norges are selling other assets to buy here
Penny stock, small minded
Is that right is it?
Were you there, all of a sudden?
So why didnt he?
Long strong and totally wrong old boy im afraid.
p.s. see they also produced a Shein article, mentioning a 20% sales uplift. Whats BOo guided for next week again? From memory, a similar decline wasnt it.
"Yes daytrade it's such an important committee that only two out of fifteen companies could even be bothered to turn up. "
I think you'll find others made writtern submissions as physically unable to attend. But keep on spinnin bs salesman.
"If it's so important where does it feature on the BBC news site daytrade. "
LOL, so anything important features on the Bbc does it? What an absolute clown.
Nobody (other than you it seems) is even remotely 8nterested in a struggling tat flogger, far more important matters for mainstream news to cover.
"I don't think I ever said the Leicester site was closed because the cost savings was needed. I think that yet one more dumb claim that you made, that Boo was so desperate for a couple of million quid."
Oh but you did, plenty of time you blabbed on about the cost saving and fat trimming. As did a few of your hangers on. Porkies again.
"Man, you don't have keep embarrassing yourself, why all this effort to put down a business where you apparently have only a fun punt. It's more than a little sad"
Well im sitting here laughing my head off at you trying to put the article/matter down. Struggling away like a man trying to drink the Atlantic with a soggy straw.
But you keep it up, hardly my fault you cant see the acknowledged positives in the article without resorting to the usual abusive argumentative MO you are well known for on here.
You'd still sl@g me off if i gave you the winner numbers for Saturdays draw.
Incompetance, faux pax,
I think it's your own performance you should consider, not the performance of a Boohoo employee based on a single quote from an article. Note that the H&M guy also didn't answer the question the Boo guy was asked. He merely stated the proportion of sustainables used now, which I'm sure the Boo guy could equally do.
Why thank you Sam, it is very kind of the company itself to pour cold, very cold, water on the rampers nonsense. "cost savings" "trim the fat" they preached.
Wrong.
Company admitted Incompetance to make the right 'quality' items, in Leicester of all places!
Agree fully on the eco principles of the customers, or lack thereof. As well as the power stations.
BOo customers want cheap cheap cheap and blow the consequences, its what the companies based on, despite its unevidenced (that is such a faux pax in from of a Parlimentary comittee) claims to be doing the right thing.
Some positive bits. Turn8ng up to face the questioners is good, so many didnt, but the performance - well, its what we have grown used to accepting.
Yes daytrade it's such an important committee that only two out of fifteen companies could even be bothered to turn up.
If it's so important where does it feature on the BBC news site daytrade.
I don't think I ever said the Leicester site was closed because the cost savings was needed. I think that yet one more dumb claim that you made, that Boo was so desperate for a couple of million quid.
Man, you don't have keep embarrassing yourself, why all this effort to put down a business where you apparently have only a fun punt. It's more than a little sad
Even more stark if you look at the weekly equivalent
7m shares traded per day last year,compared to about 2m this year
"Great to see you have so much time on your hands to seek out irrelevance tho, just a shame that you have to reduce everything to confrontational and argumentative drivel."
Oh i think you will find the article is not "an irrelevence" except in your singularly argumentative warped mind.
Getting questioned by a Parlimentary Evidence Commitee is in fact quite a big issue, and not to be able to quantify your 'improvements' after 5 years is at best most embarrasing.
At least HM had the answers on hand, rather than not lol.
Boo rep probably briefed by some ex salesman or something and thought he could 'blag it', like salesmen always try.
Kudos, as i said for turning up, but no answers to predicatble questions?. . . . . . . well.
And as for the admission the 'centre of excellence' was closed because it couldnt cut the mustard - well, again, quite the clear honest admission. Yet you repeatedly claimed it was for "cost savings", rather than incompetance.
Finger on the wrong pulse again tradey.
It isn't normal trading, that much is obvious.
7m shares traded on this day last year, less than 3m again today.
is ****stan on a par with bangladesh??
do better
DTN
Post of the day
I note a bit about customers not giving a monkey about where thier items come from.
A bit like government this last 5 years encouraging us to drive an electric car when China has brought on line how many coal fired power stations
Kev is playing the joker at MF - https://www.fool.co.uk/2024/05/02/down-over-15-this-year-but-is-boohoo-a-buy-at-todays-share-price/
Why would anyone care daytrade about a committee that had none of it's recommendations accepted five years ago.
Fifteen companies invited, only two turned up. Boo was one of them so obviously taking the issue more seriously than most.
M&S couldn't turn up because they were in Bangladesh, that well known centre of employee rights, now that is something you couldn't make up.
Great to see you have so much time on your hands to seek out irrelevance tho, just a shame that you have to reduce everything to confrontational and argumentative drivel.
Looks quite nice for a celebration when boohoo rerates....
And not one after hours trade again same for the past 3 days.
Last 3 days have been identical Spk.