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https://www.standard.co.uk/business/business-news/next-and-boohoo-investors-eye-sales-boost-as-shoppers-receive-energy-bill-help-b1027715.html

In its previous quarterly results in June, the company reported a slump in sales as it battled against waning consumer confidence, intense competition and higher returns.

Analysts at Numis Research noted that Boohoo has since introduced a £1.99 returns fee for customers which investors may expect an update on, as well as the recent move to set up new automated warehouses.

Boohoo is expected to report a slight decline in sales of 1% for the second quarter of the year, Numis Research said.

Shareholders will also be mindful of updates on the retailers’ exposure to higher costs and whether these will be passed through to its prices.

That coupled with online businesses being the most shorted just means that this is a heavy bear market. The shorters are taking advantage and nothing can be done in the short term so endless discussions on shorters being burned are pointless.

It’s not just Boo, THG, ASOS. Looks elsewhere, Royal Mail nearly at covid levels, IAG nearly under £1, EasyJet also losing 50% of its value in the last year presumably as travel is at its peak.

The list goes on, the online businesses are the best to be invested in at this time but expectations will have to be lowered for the short term. I can see this rising but not anytime soon, I think summer 2023 we will see a big change.

Do you have a life outside of this forum? 6k posts? Dude, take a break.

The shorts will never get burned as the market is manipulated in their favour. The system is rigged.

Hold long term and you’ll be the last one laughing.

Time to invest in THG. Ridiculous SP for a company that is pretty is used by everyone and will only be growing in the future.

Not yet, in 2023 this will be back to £2 +

Those who are so optimistic. Why? Honest question, what is it that’s making you think this is a good long term investment? If you’re looking for a quick profit then I understand.

Hey? Rodge traders can you buy for me please?

It will. Too much money to be made at these levels, shares will be dumped and then brought back at around £2.

Just follow the trend over the last few days.

Still remains the same. Massive risk and I don’t think I’ll make an entry here unless it reaches £2 levels again which it will later this week.

Hope so. I’m just worried if they’ll mention it in the next trading update.

Warehouse costs? Thoughts on this?

I knew this was going to happen. 200% increase, some people are getting very very rich. This was all planned.

This was all planned.

https://amp.theguardian.com/law/2022/aug/27/revealed-uk-fast-fashion-staff-deprived-of-pay-and-benefits-by-jobs-agency

Thoughts?

I don’t understand your question. The benefit is for them to say something rather than not say something.

Thoughts?

Stock fell down to 2p. Some people could get very, very rich at the back of this. If the bankruptcy is true why is this being told by a news article and not by the company themselves?

If this was done for a massive sell off, just for the hedge funds to take advantage then something needs to be done about this.

Same in my area. Brand new cinema. Why if they were going to pack it all in?