RE: Trading update expected 14/01/2131 Dec 2020 13:13
Last year boo upgraded outlook in January despite december update not saying much. I would personally be disappointed of revenue growth is below 40%.
In 2021 i would like to see Boo investing in to their technology and apps as reviews are bad compared to Asos or H&M. They are online company, so it is unacceptable when people reporting app crashing and so on. This is probably my main issue of concern.
Social media is a temporary thing, few years will pass and people will consider those that shop in PTL and Boo as boomers. Some diversification imo would be great. With so many stores closing more independent shops will open that will bring fresh air and experiences to high street. I would like to see boo and some other retailers opening new exciting stores, with some sort of "entertainment" aspect.
Anyway, that is just my thoughts looking forward. Happy New Year everyone