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It's clear boohoo has an ESG cloud hanging over the business. I think in general - investors are waiting to see how the business has dealt with the re-opening.
In general:
-In response to alternative online companies posting lower numbers - I expect boohoo to post north of 25% revenue growth in line with predictions - and would be extremely disappointed if they had not provided an RNS if a miss was going to occur.
-I want to hear real substance surrounding recent acquisitions - how is Debenhams doing? What are the numbers? What is the next year looking like? How can we get Debenhams back into the top 10 most visited UK sites?
-In terms of boohoo's other brands - I want to see real growth over in the US - potentially an investment into US operations. Could we also address a dual listing over in the US?
-Let's address some of the teething logistics/operations issues - from my recent experience you can pay for a next day delivery pass on Burton - but unable to actually select next day delivery. Why is this? On app sign-up - why are you greeted with a Boohoo thank-you e-mail.
Boohoo is worth more than £3bn. But - why pay for it - when it is so volatile and subject to constant issues that drag price up and down like a yoyo.
"... farm some years there will be droughts similar to what happened to ABF i.e. a pandemic." .... "Are sales growing and are profits growing i.e. without the unfortunate once in a 100-year event like the pandemic."
Would you not look for farms that are able to survive droughts and grow in both conditions of floods/droughts? Boohoo is a light, bouncy lamb and ABF is a clunky cow that trumps gallons of methane.
Boohoo's operational expansion is cheap, rapid and optimised operationally - with structural drivers reducing costs through CaPEX deployment e.g robotics/automation and improving customer satisfaction levels.
I saw a Burton advertisement last night at 21:55 - ordered £41.79 worth of shirts at 22:10. Dispatched at 14:02 today.
https://www.burton.co.uk/pink-floral-print-shirt/ABB13711.html
https://www.burton.co.uk/blue-swirl-print-shirt/ABB13702.html
https://www.burton.co.uk/white-bird-conversational-shirt/ABB14412.html
For folk interested.
100% agree Brocksford.
Whilst I am not sure it is the best strategy - I'm pretty sure Boohoo launches products deep into the last pages at full price and then rapidly discount to avoid the legal issue - which hasn't worked. I'm interested to see their defence.
The biggest point coming from Kallus posts for ABF is that Primark has lots of stores and rents are cheap.
If offline stores are the winners in the 20's - surely all these online plays will rapidly expand onto highstreets?
I am also worried for ABF - as the rise of ESG concerns are trickling down to consumer levels. We know that food delivery co's e.g hellofresh and gousto are much more environmentally friendly, healthy and convenient. Is this not a pressure on ABF's products?
https://www.bbc.co.uk/news/newsbeat-57999121
"And in a statement posted on Wednesday, it said: "BoohooMAN condemn the use of homophobic language and confirm we will no longer be working with DaBaby.
"Diversity and inclusion are part of the boohoo Groups DNA and we pride ourselves on representing the diverse customers we serve across the globe.
"We stand by and support the LGBTQ+ community, and do not tolerate any hate speech or discrimination in any form."
Source: https://twitter.com/boohooMAN/status/1420367310439735298
It's great to see the benefit to ABF share price since this resounding victory in Spain.
Oh wait - ABF is down 40+% since 2015.
Do Primark sell these? https://bit.ly/3kXESvE - How many do you own?
Lol Kallu.
"You are talking about the past and I am talking about the future...." and then in the same post.
"Primark entered Spain in 2005 and took the crown of the biggest clothing retailer in spain 10 years later by 2015, leaving behind Inditex in it's own home ground."
Could you answer: What is your goal from posting on this forum?
It's just a little weird now - desperate for ABF to rise so spends hours on Twitter and LSE boards pumping ABF and crapping on others.
I'm pretty sure the best way to invest is to remove emotion - Kallu is way too attached to ABF to make logical decisions.
I guess that is why he/she/they shills a company that has a 5-year return of -25% compared to boohoo's +320%.
RE: "Discount fashion is expanding and growing Ross Stores, TJ Maxx, Burlington stores, and ofcourse Primark."
All of the above will be growing faster than Boohoo in America. All offline. LIDL and ALDI have been growing faster than amazon in groceries, all offline.
Boohoo has been pushing 50-60% growth rates in US markets?