At least im invested though, and at the stated 41p with minimal funds, for me.
No worries at all with my fun punt, i actually think it will crawl back to that level at a few points in time, given its volatility, but much higher, afraid those heady days are gone.
Leave the gambling to others. . . .
Wonder if as the French 'market' for Shein etc gets tighter, which it appears it will from such an article, if that will ratchet up the desire for Shein to focus more on increasing their sales in less restrictive countrys, such as the UK?
Would think that wacking a load of tax on a product will inevitably reduce its demand,mwhich is obviously the idea here.
https://lifestyle.livemint.com/fashion/trends/fast-fashion-french-parliament-sustainability-textile-waste-111710477785144.html
This whole over supply issue seems to be growing (no pun intended) more and more articles daily on the subject ruffling more peoples feathers.
Have to wonder where this huge "predicted" expansion is going to come from in that case.
Lots of firms chasing the same slice of the same pie.
https://lifestyle.livemint.com/fashion/trends/ultra-fast-fashion-style-trends-sustainability-111710651349186.html
Awful corporate behaviour and quite rightly needs immeadiate clamping down on.
Good to see the offending products now removed from the platforms.
Interesting Guardian article, sector related.
"It’s the industry’s dirty secret’: why fashion’s oversupply problem is an environmental disaster"
https://www.theguardian.com/fashion/2024/jan/18/its-the-industrys-dirty-secret-why-fashions-oversupply-problem-is-an-environmental-disaster
Not reallly worth responding to all that made up inaccurate nonsense Tradey im afraid, so im not going to bother, other than to say
1. i asked a simple question on how much BOO pays for influencers to see what the going rate as such is. Why wouldnt i wish to know as an investor what the costs are? Nobody seems to know. And?
2. An evidenced fact i provided, but according to you i didnt? I didnt provide it for your sole consumption, but im pleased to hear you are aware of the issue. very odd position to take.
3. I dont recall mentioning ESG? i recall noting a section of their website is not accurate and misleading. I provided irrefutable evidence of same for folks consideration, and suggested somebody should contact the business to make them aware.
The rest of your point 3 is waffle and padding, Im not interested in ESG directors, charitys in Leicester nor Sheins ESG creds at all, didnt mention them once in fact.
BOO are far from perfect, im pleased you agree.
Maybe they could correct their website then and be a little more accurate and forthcoming?. As my points.
I do not wish to debate with you.
You dont debate, you instruct, dominate, close down and attack people to enforce your own personally biased rampy 'everythings great here' narrative, despite the overwhelm8ng evidence its not - the sp crattering from 400 to 33p tells us that.
You've demonstrated the same agressive behaviour for month after month with literally dozens of other posters, gaining a permament ban for it previously.
In reality the many months past have 100% proven Its a zero sum game even atttempting to try and discuss anything with you. Id sooner not bother, its just not worth it, so my last response to you on the matter.
I will however voice my views and opinions as per the board rules, regardless of whether you like them or not. If you dont want to read my opinion then pop me in your filter, its what its there for.
Coasty, researching a company should NEVER stop, before during or indeed after exiting an investment.
In the investing world, nothing at all remains consistent. Many many things change that can affect your purchase and you have to adapt your view as they do, so its always best to be prepared to ask questions along the way, not just at the initial 'buy in' stage as you suggest.
Give it a go.
"West, great post, obsessed would appear to be the appropriate word. 24 hours back from his "absence" from this board and already double digit posts of negativity, goading and argument
Let's hope the moderators notice how this board has already begun to deteriorate since Friday night.
Why would anybody care about how much Boo spend on influencers or repost a CMA investigation that started in 2022 and has since broadened out into other industry sectors. The CMA could always say something about Boo, but I'd have thought of there was any kind of smoking gun it would have been revealed in over 18 months.
All for a supposed fun punt, it's sad"
Oh dear, you may not be interested in the factual, published details availible regards the company not to consider them, however, where my investement is concerned i consider all factual information to be very valid and worthy of full consideration.
As would most non-blinkered investors id wager.
Sharing such information and articles is what this platform is kindly provided for, i.e. for us all to consider ALL viewpoints and opinions.
Anyways, your choice to ignore the backed up evidenced opinions provided if you wish, no issue to me, but it is rather a shame that you have decided the avenue you wish to take, yet again, is to attack a fellow poster with more abuse and nonsense , rather than challenge the published evidence itself.
Why do you still continue to do that?
You could of course filter me, given you seem incapable of conversing in a reasonable manner by challenging the evidence provided, rather than attack the poster, if you dont ever value any of my opinions/views.
Blimey Evi i hope that doesnt come to fruition :(
"The website clearly states that was for 2023, they achieved that goal. We are now in 2024."
Did they indeed?
It was 2023 that the 'centre of excellence' was found out for cheating and its closure was announced a mere few weeks into 2024. A spectacular Chris Waddle moment, unfortunately.
As for 2024. The sustainability pledge extract i kindly provided is strangely devoid of pledges.
Maybe they are having a corporate 'year off'? ?
Can one of you lads with a twitter account or something please drop the company a quick line and suggest that maybe they ought to reread their sustainability pledge, as provided by coasty, below, and perhaps update the noble pledge on the website.
Me thinks its a little out of date, and in fact wrong.
The website comittment states that they will "showcase through our manufacturing centre of excellence that our products can be made legally ethically and safely in the UK"
Isnt that the 'centre of excellence' that they are currently closing down, having been caught relabelling items produced outside of the UK?
https://imgur.com/a/8WL9ZjK
Regretably, and obviously must have omitted to reply by accident, but a shame they didnt take the oppertunity to provide some hard figures, rather than just make a statement, to these folk.
Seems most of the ftse companies and plenty plenty more managed to.
https://www.business-live.co.uk/enterprise/boohoo-among-those-criticised-not-27933178
Greenwashing crackdown in UK could leave big business with hefty fines.
Article picks out a few suppliers using "vague definitions".
https://www.euronews.com/business/2024/03/17/greenwashing-crackdown-in-uk-could-leave-big-business-with-hefty-fines
Welcome to your opinion West6809.
I dont get why you think im not equally entitled to mine and then resort to attacks and nonsense?
You can do what you want with your investements, nobodys telling you or anybody else what to do or otherwise, its an opinion board, both have em but you dont need worry about my fun punt, its down but no point getting all emotional about it is there.
Maybe use the filter that i have suggsted to you previously if you dont ever like a posters posts?
Spidey, i think if the US tell Shein to go and 'do one' im more than certain that the government will roll out the red carpet and bite Sheins arm off at the shoulder to list here instead, lets face it London needs a boost..
See a few of the current fashion followers over here are already crying 'foul' about the very prospect. Have no idea at all why they would be so worried
I dont recall mentioning misguided at all?
I have no idea why they bought it, nor care less.
Your not trying to cause an argument here again are you?
Of course not, we all pick a dud or two in this game im sure.
The ideal is to pick less duds and more succesful choices, and to learn not to panic when it goes the shape of a pair. Id imagine Staring at an empty balance is far less enjoyable.
The question was around the costs of payments BOOwHO makes to influencers though, not projected market sizes in the future.
Do you have anything to add on the question asked?
Always best to spend the bulk of your cash on succesful decent companies, too easy to lose your money otherwise, no?
Of course they are, what a dumb thing to say.
Im sure they could break it down and be open about its specific costs, unfortunately they dont, i wonder why?.
Not sure what they pay Mr Littler, but its probably not in monetary terms.