Member Info for artrader

Receivables, current assets look Ok and they’ve just nicked a bit of extra credit from suppliers to the tune of £24m ... about the size of their loss... no problem here and cash isn’t always King especially when they are borrowing.

Next are in a win win situation with Brexit, if Britain crashes out the duty on Clothes from non EU suppliers will be reduced making an estimated saving of £25m a year. If we leave with a deal people will go on a buying frenzy and if we stay in .. oh if only we staid in ... any scenario and nxt win.

Ted Baker’s massive turnover and loss is surely a target for a company that knows how to handle such brands both in store and online. Next handles many top brands but the profit from them is not as high as it could be if it owned them. If you are looking for a reason for the hike I’m just saying that TED shares slumped very sharply so there’s a buying opportunity for a cash rich company. Acquisition probably isn’t part of the plan but hey when opportunity knocks. Next are taking on more retail floor space due to their renegotiated rental agreements -28% .... they must have something or someone in mind. All my own opinion and nothing but a hunch...I don’t own any Ted Baker shares.

Next is to open, yes open twice as much store space this year having secured a 28% rent reduction https://www.ft.com/content/a76c82ec-daf2-11e9-8f9b-77216ebe1f17
Joules should benefit from this lead.

Next is to open, yes open twice as much store space this year having secured a 28% rent reduction https://www.ft.com/content/a76c82ec-daf2-11e9-8f9b-77216ebe1f17