Interest Rates To Go Up Again12 Sep 2023 13:42
Wage growth continues which will hit Boohoo.
Boohoo have a back to growth strategy because of their decreasing growth from 2019 onwards.
They're going to have to reduce their prices and this means little profit, if any, and low margins.
Boohoo needs to get to a gross profit margin of 55% or to be seen to be able to get to this.
The shorters do their research hence why they're still here.
Slacker and WeeWee have probably bought Boohoo shares at around 50p so take your anger out on yourself and learn from your mistake.