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“And that was before the platform and new shiny brands”
Wow that’s a statement that shows you’ve 0 understanding of this share
Have you looked at the invest presentation? Listened to JL?
They both tell you where the business is going. I’ll give you a hint...there’s no stores
One of us is “invested” here. The other one thinks he’s bought appreciation tokens. 30 years experience
Yeah a top end estimate could be £5. But the difference here is I can explain that. Could you explain why the price now isn’t the top? No you couldn’t except “it used to be £4”
But go on. Let’s do that tell us why you wouldn’t sell at this price?
When do we start opening stores? Milkman leave the milk at the door. The industry left you behind
Jesus Daman , how many pints you want !! Ollie says buy and you and your hammy balls are still banging on about platform from what was it pg 19 !!! Get your wallet out fella, you had this share earmarked at a fiver once and that was before all of the new Brands and shiney platform, stopping pi#sing about and get buying, already gone up 2p , goes up another 8p and its right in your DT territory, Friday night takeaway buckshee again for you!!!
Also i did give you a million examples before of the platform I'm just using the current report (as well as the article YOU shared) as it's just more proof that you're the milkman
How boo does what it does you haven't a clue. Just leave the milk at the door
I'm on doing the retrospective thing on this one as it's a past event. These business have BEEN integrated. When they buy another they will also integrate in the future
i'm just pointing out to you the future (well it's here already) in that the platform is something that is real and here is what the value is. But again you can't see the future. The one looking retrospective? You shared a link to Topshop "platform" from the early 90's! which got the data element completely wrong (but you didn't understand that) and you think test and repeat is the same as what topshop did
Really who's living in the past here? Come ceo of regatta! Stop living in the 90's!
30 years experience and the industry left you behind
Danman seriously, Page 19 awesome told you you'd be on fire now statement has been released but how many times, stop doing the whole retrospective thing. I have an Octopus in the office called Ollie, I use him for share valuations and advice, he is saying tell Miss Marple to buy, he's never had such a good opportunity, now if that isn't an insight in to the valuation i don't know what is!! Even at these levels your balls can take it.
@Danman i'm a bit upset !!!!
The Car isn't arriving till August !!!!! you know what that means, yes your right we miss the BGP, however good news is that AM have given us a demo to go in and also invited us to the Salon Prive!! all's well that ends well !!
I know your still reeling from my cut n paste from literally 5 posts below but i'm just keeping you abreast of your Bigger Picture, ME!
Come on £3.15 you buying in surely value in that for you???
Also pg 19 - "6 new websites up and running and integrated with our multi-brand platform"
derrrrrr milkman!
Thanks for posting
"“successfully integrated and relaunched" Oasis and Warehouse brands onto its multi-brand platform"
https://www.boohooplc.com/sites/boohoo-corp/files/all-documents/result-centre/2021/fy21-results-presentation.pdf - pg 40 rag "Develop website and launch on our multi-brand platform" - direct from the baord a website is something that plugs into the platform
Again buddy you're the milkman. You can't envision what the platform is for boohoo
Is it not embarrassing for you. That you knew all these people and your lack of imagination and understanding mean they went and made billions and you're face they "used to" know
i'm trying to help you catch up here?
Is 320p a good price to sell? Is 450p? Rag hasn't a clue. Oh but he knows about the £200k camera in a £4billion business - massive impact
Continuing from below.
Lyttle said: “We’re hoping to have production running by September/October time. We’re just in the final stages of getting our planning permission approved. So, everything is going according to plan there. We’re really excited about that, and will be using it as a model for Leicester garment manufacturing when we open.”
Lyttle said the year did not come without its challenges: “It has absolutely been challenging. If you think back to the beginning of Covid, we weren’t sure we would get our product through, staff were working from home, there were changes in product mix from athleisure to leisure, the nation going into lockdown again, and then celebrating Christmas in lockdown, not being able to have Christmas drinks with your colleagues at work, never mind your office party, and then how you celebrated it with family. It was a really, really difficult year. And on the back of all this you’re trying to protect all of your colleagues and make sure they have a safe work environment.
“It’s been hard work to get to where we got to. But when you look at the numbers, it’s testament to our DNA as a business and our willingness to succeed throughout a pandemic.”
Kane said: “Overall, one of the biggest challenges is to not have a trend and it to be very singular. One of the challenges is the lack of occasions and reason to buy, and for us needing to be creative. It’s not even what customers are buying, but how they’re buying.
“As we go into this season now, denim dresses and midi dresses [are becoming a trend]. Things that you can still layer up. It just shows how the weather affects customers’ decision making.
“Loungewear has had its peak. But it’s a look that is now part of our wardrobe. It will take a break over summer, but it is here to stay.”
Boohoo Group is not actively looking to acquire new brands, but will “never say never” if another opportunity arises, co-founder and executive director Carol Kane told Drapers.
During the year, the group also “successfully integrated and relaunched" Oasis and Warehouse brands onto its multi-brand platform, after acquiring the online businesses and all associated intellectual property in a £5.25m cash deal with Hilco Capital in June 2020.
The Manchester-based business also counts Boohoo, Boohoo Man, PrettyLittleThing, Nasty Gal, MissPap, Karen Millen and Coast among its brand portfolio.
“We’re really, really pleased with the brands,” John Lyttle, Boohoo Group CEO, told Drapers. “Debenhams.com only relaunched on the 12 April, and Dorothy Perkins, Wallis, and Burton at the beginning of last week, but the key now is just building the functionality side, building the stock and the options. But so far, we’re really pleased and really excited.
“The teams are on board fully now. They’ve moved into our new office [in Soho, London], so it’s exciting for those teams to see how we work, and the difference of pureplay online, rather than working for a physical-first retailer. They’re excited about that also.”
He continued: “We’ve done a number of acquisitions at this stage. Not all are the same, but we’ve got a bit of a formula in terms of onboarding, integrating and bringing them alive. The brands are well on board on that process, and it’s just about building from here on now.”
Co-founder and executive director Carol Kane told Drapers the group is “not actively looking” for new brands: “We have got an awful lot to do. It’s just the start of all the brands that we have acquired in the last two years. There are various levels of development, and that’s really our focus now, which is to get them on their journey.
“However, you just never know what could happen. If an opportunity presents itself [we might], but it would be opportunistic. Our strategy isn’t to go out and buy anymore in the coming months. But I won’t say any longer than that because you just never know. Never say never.”
She added: “The plan wasn’t to acquire all of these brands in such a short period of time. It happened because of Covid-19, and the opportunity presented itself. But in a normal time that wouldn’t have happened all at once.”
Last year the Boohoo purchased the 25,000 sq ft site of a former Vauxhall car showroom at Thurmaston Lane, where it plans to open a "model" factory. Boohoo anticipates that the factory will employ up to 85 workers and have the capacity to produce between 20,000 and 25,000 items a week. Construction of the factory is expected to be completed towards the end of this year.
Running out of space to be continued.