Member Info for HereKittyKitty

What is more exciting & bigger news they should have RNSd is this https://www.alshaya.com/en/media-centre/alshaya-news/item/34995-alshaya-group-announces-exciting-new-partnership-with-leading-global-digital-group-boohoo-group-plc-to-evolve-and-expand-debenhams-in-the-middle-east/

So they are now carrying all Boohoo brands in stores there! Missed a trick promoting that

Let’s face it Debenhams didn’t exactly grow from 2018 did it? Went into administration twice

Anyway BOO doing £1.7B revenue - this will only be a few million so certainly very minor in overall scheme of their revenue generation as cost of sale through physical stores higher

1% revenue RoW
https://ecommercedb.com/en/store/debenhams.com

You can see the revenue decline every year & Debenhams went into administration for a reason

John Hadden, CEO Alshaya Group, commented:

"Debenhams is a highly successful and well-loved brand in the Middle East“

Yet if you look at

https://www.statista.com/statistics/465765/debenhams-revenue-by-country/

Debenhams was only doing £88m RoW incl Middle East

Not exactly showing revenue for so loved

It’s also old news from 8 months ago

https://www.google.co.uk/amp/s/www.arabnews.com/node/1770996/amp

Great news!

2007 FT article says it all

“ A top policymaker at the US Securities and Exchange Commission on Thursday night sought to defuse an outcry in the UK over comments in which he was reported as having described the London Stock Exchange’s junior Aim market as “a casino”.”

Ditto
Not necessary a gambler on stocks but some great companies on AIM that can reward handsomely

Ex-Bullring Debenhams staff sue retail giant amid claims of redundancy 'mismanagement'

https://www.birminghammail.co.uk/news/midlands-news/ex-bullring-debenhams-staff-sue-21041559

Agree but on that logic why didn’t it go up after 2 amazing sets of results - highly unpredictable lately

HarChris Agree that’s why I play the game vs letting emotion drive investments - ultimately we are all responsible for any buys or sells we choose to make

Crooked AIM unfortunately

For once PP1 we agree
I choose to buy on lows & sell on highs popping in & out as the market dictates vs waiting on a share forever
Sometimes you just have to accept the game & play along
But AIM is totally crooked sadly

Good point

There does seem a battle between Kumani & everyone which whilst was their success could become their undoing if they keep up this tact of not accepting that outside the core IIs who voted to keep them that others don’t favour them who impact on investment decisions

That’s known & has been well demonstrated by BOO, ASOS & others for the last 2 sets of results but not budged it.

The unknown is the US court case & sadly more bad press. Also there are general gittters on 3rd wave making folks cautious well beyond Boohoo.

The other downward pressure is MW & SF shorting the stock which has proven to have negative impacts previously.

Agree & business is only going one way ….

- More testing in U.K. as we un lock
- Tighter lockdowns in Japan, South Korea and Australia
- Vaccination role out delays in EU
- Higher case counts in the UK, US and Europe

>>> More tests tests tests GLOBALLY <<<

Pricing is good & large businesses will pay it no problem

And credit where it’s due - they’ve done a great job on advertising Debenhams