Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
https://fashionunited.uk/news/business/mp-fears-garment-workers-in-leicester-may-be-exposed-to-abuse-under-changed-regulations/2022100665551
If this becomes a issue boohoo and asos should double the price of clothing , or simply get the manufacturing out of the uk and focus on USA or Europe . Uk is happy to pay extra for importing and have the public pay more .
Let the the government deal with unemployment.
And let the public pay more for clothing .
Esg is a flop and no need for it get rid of it as it’s increasing costs to the public.
Shorters are also indirectly responsible for this issue . Which should be band for now while the economy recovers .
Shorters helping in pushing uk companies into closures.
End of issue .
Boohoo has been known to go against the grain . Hopefully the markets will see all the good work that is going on which should reveal some promising rns.
Funds will jump back in just a matter of when . Esg updates always welcomed .
USA warehouse next year .
State of the art factory uk .
There will be a lot of business looking to offload and mergers happening soon . I feel boohoo is perfectly positioned for a big scale move .
The owners are smart and USA is the focus . Hence kardashians .
I still think they are planning something big there and will take failing USA brands and capitalize.
Where we are today is not so important they have managed to break into USA that’s a big thing . That’s what separates them from all the rest .
Uk market has stagnated Boohoo is staying ahead and looking to move up with USA .
Shorts have done well , do you think they will start to close as the margin is getting tight ? Or increase and try to take this down to the 20s with continued pressure .
There nothing specific to the boohoo model , more market sentiment at the moment which is across the board.
https://www.asktraders.com/analysis/boohoo-interim-results-what-can-we-expect/
Referendum announcement of ownership or occupation of new territories which was there goal and that’s the end hopefully to the war .china and India will also want a end to this. markets could rally if this is so .
Why print this a day before what links to they have with the shorter funds .
This situation was the same last week so why wait till a day before results ? Sounds suspicious
https://www.standard.co.uk/business/boohoo-founder-mahmud-kamani-loses-ps500-million-as-firm-s-stock-becomes-uk-s-most-shorted-b1028414.html
Uk government wanted to make a example of boohoo when it’s was not doing well . Will it not stand up now and make a example of them being a success story and turning things around . USA have taken well to boohoo very multicultural and welcoming to foreign investors . Do uk every welcome foreign investors or just make a example of them when they are new to the British way of business laws and vulnerable to making mistakes .
Uk dose well at hanging them shame it dose not promote the goodness .
Boohoo have done well to start in the USA , this is where the magic will happen and on a massive scale . USA based influencers will helps this grow as they all seem to get on with the owners. The celebs like the boohoo owners , customers like there clothes the only people betting against them and the uk is markets and shorters . USA will be million times bigger then what this is now they have only just started there and will build a strong foundation big thank to America for welcoming boohoo and making way for more foreign investors . Lands of dreams this is where boohoo will scale up and become mega .
Asos/boohoo similar pattern and drop . Both companies have done well when most businesses are going bust . Going bust for these companies will not help the uk economy , unemployment at a cost to the government . Let’s see if markets support these contributors.
Boohoo should be congratulated , they were new and made naive mistakes . They have come along way new recruits , saved uk high st, created jobs , working hard to meet sustainability esg. They are heading in the right direction. They have contributed to the uk economy time funds backed them and markets need to support uk businesses. Tomorrows reaction will send out a reactions to foreign investors looking to invest and grow there business in the uk .
Taken from feb rns .
reight cost inflation impacted gross margin in the Period, down 100bps year on year. This is estimated to impact EBITDA by approximately £20 million in the financial year, the majority of which is in the second half
· Strong balance sheet with current liquidity of over £170 million and net cash of £70 million
· The Group continues to invest in building a distribution network capable of supporting in excess of £5 billion of net sales, with our first US distribution centre expected to go live in 2023, and we are considering options to expedite this process.
Guidance and Outlook
For the year ending 28 February 2022, the Group now expects net sales growth to be 12% to 14%, compared to previous guidance of 20% to 25% growth. This reflects our expectation that the factors impacting our performance in the Period persist through the remainder of the financial year, and recent developments surrounding the Omicron variant could pose further demand uncertainty and elevated returns rates particularly in January and February.