Member Info for dafad

Found it

https://wallmine.com/fund/1ri/clark-estates-inc-ny

For transparency saw something earlier whuch showed they had sold out of wand-but cannot find it now

Clark Estates

https://convergency-partners.com/about/jim-patrick/

Bought 3.98% of Wand

Clark Estates Inc/The

The Clark Estates, Inc. operates as an investment management firm. The Company serves customers in the State of New York

Https://www.cityam.com/winners-and-losers-beginning-to-emerge-as-digital-retailers-post-pandemic-challenges-thg-ingenuity-boss/

Https://www.londonstockexchange.com/news-article/0QR4/changes-in-the-executive-board-of-nestle-s-a/16135181

21 September 2023

ASOS appoints new Non-Executive Director

ASOS plc ("ASOS" or the "Company") is pleased to announce the appointment of William Barker as Non-Executive Director.

William is the founder and CEO of Camelot Capital Partners LLC ("Camelot Partners"), a California-based investment management company. William is also the Executive Chairman of Tapi Carpets & Floors, Executive Chairman of Synnovia, a UK manufacturing conglomerate and is also a founding investor and board member of Re:Build Manufacturing. Previously William was an advisor to Tony Hsieh, the founder of Zappos.

Camelot Partners holds 16,722,381 ordinary shares in the Company, representing 14.02% of the Company's issued share capital. Given William's relationship with Camelot Partners., a significant shareholder, in accordance with the UK Corporate Governance Code 2018 William joins the Board as a Non-Independent Non-executive Director.

Jørgen Lindemann, ASOS Chairman, said:

"ASOS has a long-standing relationship with William as shareholder and strong supporter of the company, and I am delighted that William has now agreed to join the Board. He brings a wealth of retail and commercial experience alongside a deep knowledge and understanding of the ASOS business. We look forward to working closely with him as the business continues on its journey to sustainable, profitable growth."

There are no additional matters that would require disclosure under LR 9.6.13 R (1) to (6) in respect of William Barker.

Totally Agree!!

Https://www.londonstockexchange.com/news-article/W7L/interim-results/16131368

Https://www.retailgazette.co.uk/blog/2023/09/boots-scraps-marketplace/

Nearly 4 million trades in total

2 million late trade at 72p jyst showed up

Intersting that MM sees the need to be seen (product on shelves)in the US

Mention of products going into Costco

Would spark a bidding war!!

But to be fair the parent companies of both products are pretty big!

Might we see High Protein Southern Comfort flavoured lollipos soon,I could certinaly do with a SC after today

Myprotein is also set to partner with global confectionary brand Chupa Chups and global spirits brand Southern Comfort to broaden flavour options across the product portfolio.

But at what PRICE??

If no director buys today-something is cooking!

14 September 2023

THG PLC

Interim results for the half-year ended 30 June 2023

Adjusted EBITDA and cash generation ahead of guidance in H1 2023

Full year adjusted EBITDA guidance reiterated

· Continuing[1] adjusted EBITDA of £50.1m (+22.9%), above the top end of guidance (£47m to £50m), at a margin of 5.3% (H1 2022: 4.0%). Adjusted EBITDA guidance unchanged for FY 2023.

· Adjusted EBITDA of £47.1m (+45.7%), inclusive of recently disposed loss-making OnDemand business.

· Successful exit of loss-making discontinued categories and non-core assets generated a one-off non-cash charge of £26.2m[2], increasing the operating loss to £99.5m (H1 2022: £89.2m). Without this charge, operating loss improved by £15.9m YoY.

· Strong LTM[3] cash performance, ahead of guidance. LTM cash outflow[4] of £20.6m is after £163.1m of capex, mainly in THG Ingenuity. This represents a £350m cash performance improvement on the LTM year on year.

· Strong balance sheet with £563m of cash and available facilities.

· Record H1 THG Nutrition revenue of £340.7m (+2.6%), with adjusted EBITDA of £47.1m (+71.9%).

· THG Beauty adjusted EBITDA of £10.6m (H1 2022: £17.7m), impacted by one-off industry de-stocking in manufacturing. Excluding manufacturing THG Beauty adjusted EBITDA was £9.7m (H1 2022: £7.3m). Encouragingly, since the start of August, the Beauty division has returned to growth.

· THG Ingenuity listed in the Gartner's Magic Quadrant™ for Digital Commerce. Continued focus on the Enterprise strategy with new client wins secured (including L'Oréal US prestige brands) and a strengthening pipeline.

· Continued prioritisation on gross margin and adjusted EBITDA margin growth.

· Q3 revenue exit momentum gives us confidence in full year continuing revenue growth of 0% to -5% (H1 2023: -6.1%).

Matthew Moulding, CEO of THG, commented:

"Inflationary pressures provided significant challenges to consumers and businesses alike over the past 18 months. Our strategy of supporting our consumers through 2022, sacrificing margins in the short-term, is bearing fruit. This is reflected in the strong H1 results we've posted today, across adjusted EBITDA and cash.

"The cash performance of the Group has been strong in H1, but also over the last 12 months. Group cash flow performance improved by £350m compared to the previous 12 months, reflecting the completion of our global infrastructure roll-out program, with the Group now achieving significant operating leverage from a well invested, automated, global platform.

"Our Nutrition division delivered a record H1 revenue performance and, with inflationary pressures easing, posted substantially higher EBITDA margins year-on-year as we exited H1. The early results from the Myprotein rebrand are also encouraging as we've taken steps to further enhance the premium nature of