Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Everywhere I look there are attractive Boohoo ads from the London Underground to the big electronic hoardings on the arterial roads. They are hardly going to invest in this kind of expensive promotion if they are not able to meet the demand.
Watch this space.
Short selling has a useful purpose with certain overvalued shares which is not the case here.
I strongly support better regulation of short trading to avoid abuse.
Looking at the transactions, the shorter are clearly relentlessly driving the share price down. Keep faith, supply chain difficulties will ease especially as Boo source a proportion of their stock from the UK and are about to open their new factory in Leicester.
Report in today's Telegraph, "After post lockdown surge, shoppers stay at home".
"Pent up demand which swept Btritain's shops at the end of lockdown appears to have run its course ..."
Has to be good news for Boohoo.
See the following:
Boohoo drives sustainability with its own ****stan-grown cottonhttps://ww.fashionnetwork.com › news › Boohoo-drives-s...
First crop of sustainable cotton from ****stan next year expected to be 2,000 tons.
On top of that, the Telegraph reports today that container shipping rates have risen six fold this year.
So for those sourcing goods from the Far East for example, this will represent a significant extra cost compared to those with suppliers closer to home like Boohoo.
Could a Leicester supply base prove to be a particular strength in a situation where the Delta covid variant is causing severe disruption at Chinese ports with temporary closures and by implication, disruption of factories producing clothing in China?