Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Next believe the BOO business model will prosper going forward.
“In the last five years the competitive environment has changed beyond recognition. Online aggregators, websites that sell many different third-party brands, have become increasingly important; while many businesses, that seemed part of an immutable retail landscape, have all but disappeared.”
“As time goes on, it appears likely that there will be a greater number of brands, with wider geographical reach, served by a smaller number of aggregators”
https://www.***************************/boohoo-group-trading-in-the-uk-remains-resilient-says-zeus-capital/4121056718
“The Group remains on track with plans for a US warehouse, to go live in Summer 2023. There was a pleasing return to growth in ROW driven by wholesale demand, including Alshaya which operates the Debenhams brand across the Middle East. Wholesale presents an attractive growth channel for the Group, particularly in markets that are more challenging to serve.”
The shorts are also continuing to reduce.
https://shorttracker.co.uk/company/JE00BG6L7297/
Schools in my area (Cambridgeshire) are now pushing for masks and social distance due to the rapidly raising cases in the area. This is before we even get into the colder months.
I think this company is in for a very busy winter.
From Trading212 support:
I have carefully reviewed the matter for you, and I want to inform you that we have no confirmation of the event from our execution intermediary at the moment. Once there is an official statement or an update, we will notify our customers, and more information will be posted in our Community forum.