Member Info for danl90

Market is pricing lockdown (again) even though Boris is opening

"Smart money" thinks we are lockdown 4.0

I thought he had a pact with the other "investors" to not let this drop below £3?

Come on buddy what's going on!

See kalluma has left the chat again - 2 - 0 now

dude you need to leave you're wrong on so many items

Just to say people can "replicate their test and learn customer model"

The point now though is that

- boohoo has marketing and brand which others can't match (or will take years to catch up)
- boohoo has walls of data on customers and spend habits so can target customers/ seasons/ events etc (small operators can't afford the IT spend to do this or will take years to catch up)
- boohoo has a lean and dependent supply chain which gives speed (these small boutiques buy from Asia so are months behind or the larger operators won't go there)
- boohoo has an automated distribution network (small operators can't compete)
- test and learn takes years to hone and that investment isn't affordable for many don't forget boohoo went through the years of being unprofitable to get this right. It's not easy
- trends identify as Boohoo is now global so has a finger on the pulse everywhere. It used to be that people would fly to ibiza to see "summer fashion" now you can see Ibiza, tulum or sydney from an Ipad and pay someone there to go out again boohoo has a more global footprint which feeds the "test" element

end to end it's hard to match

""trend" - What primark sells becomes fashion and not the other way round." - this is the dumbest statement. What Primark sells becomes fashion? Are you mad!

https://www.prettylittlething.com/new-in/today.html?navigation-newin-today

yeah you're right Primarks offering looks just as cutting edge and bold

After that statement you have to leave this board. That's awful. I feel upset for you with that statement

""300 stores across all of US" depends upon how big the stores are" - been to the US? 4,500 walmarts. They are huge but guess what you aren't always near one or have to drive miles out of your way to get to one. The US is HUGE

300 stores is nice but it's hardly insane. For reference JD has more US stores

"You are obviously not tracking the fortunes of M&S, Topshop, debehams in UK and Abercrombie and Fitch, American Eagle, Gap, Guess etc in USA." - all have different reasons _ M&S, gap and debenhams shoppers aren't the 20 year olds buying topshop. Again an embarrasing statement for you - have you ever left the house?

Abercrombie and Fitch is like all saints. They have 1 style. When that style was in it did well but it's never stayed on "trend" and now it's out of fashion - again the opposite of PLT

Time to get your coat this is emabarrasing for you

sorry you "couldn't reply"

@Kalluma honestly you're a bit dim. You could reply to me last week but it's monday and half of the office is out hungover so i'll do it again today

"Please enlighten me why this is needed
What is the point of dressing up the entire country in the copied dress that Kate Middleton was wearing last night at the football"

Boo/ plt & others operate in "trend" ie while they will copy trends in reality what they do is each day throw 100 dart at the dart board (each with line of 25 - 300 pieces) looking to guess the next trend. So find something is hot go back produce 20,000 sell those and when other retailers start to see it as a trend boohoo has already sold 20,000 and has a second shipment on the way

It's needed as it involves little cost investment (as i explained to those with 30 years in the industry) boo can spend nextto nothing on 25 - 300 pieces and assess demand all over the Uk (or world) where stores have to pick a handful of stores and trial in those in lots of sizes and colours (you need a lot more than 300 pieces). Collecting the data back from those stores is slow. You won't know as easy what they bundled in the order and what else they thought to buy (theres no data for picking up an accessory) and it might not sell well in Norwich so you decide not to launch the dress but it would sell well in London but you never knew. Instead you've just a large sunken cost and lost a huge opportunity

"ASOS selling clothes offline in Nordstrom stores how is this a vindication of online model?" - a limited run in 300 stores? 300 stores across all of US. Topshop had 1,000 here. Plus it's not a full range so likely will be what boo has put from boohoo on debs just limited and none offensive clothing ie none trend. But this is easy free advertising

"There is very little place for mid market fashion like top shop brands" - not true

If Nordstrom will put some asos items on its website and also have a topshop line why not put the investment into Asos?

Perhaps they didn’t like the valuation of asos so have got a more accommodating valuation in the brands held privately?

Also surprised that Nordstrom is only 350 stores. Would have thought more

But I think a smart move and keeping to limited lines

You meaning re lockdown or something specific to buses?

There’s a lot going on with both so no I think it’s a fair question as I’m not in your head

What’s decided on Monday?

""concept of online make up is proven"
Is that why brands are not willing to resell via Boohoo till they have physical presence?(sarcasm)"

they are asking for one store - it's hardly a huge demand

""£80m of beauty online"
During a Pandemic when shops were closed, wait till more Primark stores roll out beauty and home in a bigger way"

Nope these were Debanhams number pre covid

"ABF management have been very conservative at the moment but you will see that change where they will have better L4L at any time during past decade, more stores even in UK mature market and more extension of stores, this ain't stopping."

Fine, great, but who cares? These shopper are NOT boohoo shoppers

"Mrs just ordered £5 cardigan from H&M 5 days ago, inspite of her being a topper in accounting she is finding it hard to explain how that transaction was profitable for H&M."

Well she ain't too good as you just have to look at the gross margin. Gross margin is the revenue less the direct cost of sale. It's like the first three lines on a set of accounts

K honestly buddy the above about sugar didn’t like at all to Primark it was just waffle but again you’re a bit like rag where you just sort of assume things or make up a reality when there is clear evidence to to contary

https://www.proactiveinvestors.co.uk/LON:BOO/Boohoo-Group-PLC/rns/922567

Debenhams sold c£80m of beauty online

£80m of beauty online

Want to hear it one more time? That’s £80m of beauty online

£80m at a wholesale margin of 30%-40% will be a nice add on to the boohoo bottom line

Will Debenhams get to £80m this year? No but the concept of online make up is proven

Honestly you’re easy to send over the boundary

Rear view mirror? Those results were to May literally last month

Also as I said that was 44% (which is bigger than 25%) on a period that was also ahead of the 25% so compounded its soooooo far ahead

And as I say Primark shoppers aren't boohoo shoppers - confirmed once again as I've just got back from walking to Tesco where I pass near primark and walk down market street. Karen doesn't shop at boohoo

Kalluma also doesn't bother replying when he's been beaten. Look at my post he just ignores it as there is nothing left for him to hang his hat on

Guy should leave

"" Like crazy but you see only two shopping bags when walking around which are Primark and Zara"
Dan90, what does that tell you? Are people at home ordering from boohoo? To support it's share price boohoo has to show 25% sales rise compounded, I repeat compounded."

Yes exactly this hence why boohoo just posted growth of 44% (when stores were back open) over the same period last year when boo shot the lights out as stores were closed. So the 44% growth was on a period which inself was over the 25% so combined its way ahead - your opinion is just factually incorrect

""Also I'd say the "Sandras" and "Karen" (women who "our Stacey") aren't Boo's shoppers"
Again you haven't visited a Primark recently. Try visiting one, as soon as you enter you will find Trending now section."

I live in Manchester city center I walk down Market street at least once a day. Manchester is the second largest city in the UK so it's decent section of what the "primark shopper is" and I can tell you that the shoppers with the big bags of shopping aren't boohoo core customers by around 20 years

When you do see younger demographic with primark the bag is usually small suggesting it's bit n bobs like socks etc

You can "think" what you like but I see it from one of their largest stores every single day. I'll also tell you that the line for Zara is now a 10 min wait vs the hour it was when stores opened

All the points you say are fine - they do have maternity etc but the shoppers taht are boohoo shoppers aren't buying it. It's the "karens" and "Sandras"

You live in a dream world - 44% growth

It's irrelevant how busy the high street is. Manchester and Leeds are rammed! Like crazy but you see only two shopping bags when walking around which are Primark and Zara

Primark isn't competing with boohoo as it isn't focused on trend. Also I'd say the "Sandras" and "Karen" (women who "our Stacey") aren't Boo's shoppers. So again pointless

Anyways I juts bought some boohoo

@P I agree on @K

I'm all for balance (Shein isn't a myth etc) but this guys doesn't even make sense

Interesting that she came in to managed KM, oasis and the Arcadia brands?

Just wondering do you know why Asos isn't retaining these people? I know they are letting a tier of people go but Asos seem to slashing heavy (execs almost at the start and now some other senior heads leaving along side redundancy)

Appreciate the insight

Market cap of £250m with £80m of cash means £170m equity value for a business which expects EBITDA of £95m! Madness

Capex at £35m is manageable in current cash flows and the Alliance item is frustrating but now very much priced in

Revenue was finally growing and in the strategic brands is great positive

N brown should look to add a marketplace like Debenhams?

"and don’t sell shares on flea stories and other tabloid fantasies." - why not? As you actaully might make money from this stock rather than just watch it go sideways?

Yeah awesome plan buddy!

Not knocking her (she might be great I don’t know her from anyone else) but hard to say she was “at topshop” as she was there was 3 months. That’s hardly even a probation

The three months was obvs as Topshop went under but still

Any someone must know her and what she’s capable of she clearly a good hire as JL as scalped a few from Topshop