Member Info for HereKittyKitty

This Wednesday Middle East Launch
Next Wednesday Results
I love Boohoo Wednesdays

I have been adding at 319 as 320 upwards looks pretty stable albeit a few daily wobbles. Like others I wish I had more to invest here as every aspect of this business is exciting. Fingers crossed for a fabulous week fellow holders.

More coverage as they ramp up news this week

https://www.fashion.ie/2020/09/21/boohoo-expanding-their-fashion-empire-to-the-middle-east/

This could genuinely be a monster 2 weeks for Boohoo.
I think there will be a rapidly closing window to buy below 320 this week.
Exciting share to be invested in.

https://www.fool.co.uk/investing/2020/09/20/boohoo-share-price-why-i-reckon-the-current-consolidation-is-another-opportunity-to-buy/

“ But its capital-light, highly scalable business model has previously helped it deliver consistently high sales, astounding near-70% margins, and rising shareholder returns … in fact, in 2019 it returned a whopping £150m+ to shareholders in dividends and buybacks!”

“ The stock is still around 25% below its all-time high. And City analysts following the firm have pencilled in robust double-digit percentage increases in earnings for the current year and the following year to February 2022.“

“ now could be the perfect time for you to start building your own stake in this exceptional business – especially given the shares look to be trading on a fairly undemanding valuation for the year to March 2021.”

Boohoo share price: why I reckon the current consolidation is another opportunity to buy

https://www.fool.co.uk/investing/2020/09/20/boohoo-share-price-why-i-reckon-the-current-consolidation-is-another-opportunity-to-buy/

This will push up next week pre results.
Let’s see if the trash papers have any pointless repeated old new tomorrow.
Definitely a fantastic week ahead.

I think we will all be happy in a couple of weeks ladies & gentlemen - relax with your family & friends

I managed to buy a few at 319 after I digested all this. Will not be day trading these anymore after reading all that.
Have a lovely weekend fellow investors. I'm off for a long weekend now.

https://mena.boohoo.com is live but launching next week shipping to:
Saudi Arabia
United Arab Emirates
Qatar
Kuwait
Oman
Bahrain
Jordan

Oh my gosh.

Have any of you seen the advertising they are doing? it's incredible.

https://ms-my.facebook.com/insiteooh/videos/a-pretty-little-thing-is-happening-on-top-of-dubais-billboards/1007526369686409/

OK this BLEW my mind!

Annual fashion sales in the Middle East’s Gulf Cooperation Council (GCC) markets amount to $50 billion, reflecting the region’s significant financial clout. Spending in some GCC countries is among the highest on a per capita basis globally, reaching approximately $500 and $1,600 per person in Saudi Arabia and the United Arab Emirates (UAE) respectively.1 Dubai is the region’s shopping capital, but other markets are maturing fast, with Saudi Arabia taking a place at the top table.

https://www.mckinsey.com/industries/retail/our-insights/a-closer-look-at-the-fashion-industry-in-gulf-cooperation-council-markets

Boohoo here could be BIGGER than UK! or growing US.

Gearing up news for 8 trading days time - launches next Wednesday

Boohoo to launch dedicated online store for the Middle East next week
https://www.retailgazette.co.uk/blog/2020/09/boohoo-expands-to-the-middle-east/

Already 80,000+ people signed up https://www.instagram.com/boohoomena/?hl=en

To mark the launch though, Boohoo will roll out a series of exclusive collections and collaborations, designed in partnership with leading regional personalities to engage with its Middle Eastern audience.

Announcement at 12:30
https://www.dailypost.co.uk/news/north-wales-news/coronavirus-live-first-minister-holds-18955894

How do we think this may effect operations as per previous impact it had they announced as just seen this in last hour?
https://www.walesonline.co.uk/news/wales-news/coronavirus-mark-drakeford-lockdown-live-18954502

The Office for National Statistics showed retail sales grew for the fourth month in a row in August as the post-lockdown recovery continues.

Sales rose 0.8% on the month, coming in ahead of expectations for a 0.7% increase. On the year, retail sales were 2.8% higher, versus expectations of 3% growth.

Retail sales are currently 4% higher than they were before the Covid-19 pandemic in February.

The figures showed that spending on home improvements continued to rise in August, with sales at household goods stores up 9.9% compared with February. Online retail sales fell 2.5% in August when from July, but the strong growth seen over the pandemic means sales were still 46.8% higher than pre-crisis levels.

Deputy national statistician for Economic Statistics Jonathan Athow said: "Retail sales continued to grow, further surpassing their pre-pandemic level.

It really doesn't like being above 320 does it.