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For me, I don't think this will rise until new and existing institutional investors start buying Boohoo shares again. I don't think this will happen until the global supply chain list is released in September 2021.

Maybe others think differently to me.

Looks like p a k i has been removed from the link below.

https://ww.fashionnetwork.com/news/Boohoo-drives-sustainability-with-its-own-****stan-grown-cotton,1312275.html

Absolutely Onaplate.

Thank you Tradingdutchman, I've always enjoyed your contributions and found them extremely helpful.

According to AccuWeather the temperature will creep above 20 degrees again by Thursday (June 24) next week, so don't pack away your sun-cream just yet.

Like other fast growth companies before, Shein can probably clean up some of its early transgressions. It has to avoid copying designs (it insists that it “takes swift actions” against suppliers that infringe intellectual property). It needs to eliminate the blunders caused by cultural insensitivity, such as selling a swastika necklace last year.

But one day, it will also have to cease being what one environmental ratings group calls “as opaque as a brand can get” and accept similar scrutiny to Boohoo of its supply chain and labour practices. Only then will the full story of real-time retail be known.

Companies bring patent infringement cases because of past and ongoing infringement and not simply for past infringement.

From what I remember about reading of the court case documents, it's past and ongoing ip infringement.

CAP-XX only identified some of the infringement and no doubt will be doing their best through discovery to find out all infringments, past and ongoing.

https://www.drapersonline.com/news/boohoos-debenhams-store-opening-a-brilliant-and-savvy-move

John Stevenson, retail analyst at investment bank Peel Hunt, said "Boohoo has got no choice but to open a store": "A lot of the beauty brands insist that retailers must have a physical store, rather than just an online presence, it is not an usual requirement. It’s archaic, but it is the way a lot of beauty brands operate. This will not be a Boohoo concept store for clothing, it is purely to get access to luxury beauty brands.”

Stevenson said he does not anticipate that this will lead to a chain of Debenhams beauty stores: “One store will be enough for them, I’m not expecting it to be a precursor to a big estate or chain of beauty stores, it will be one store to meet the contractual obligations. The location of the store doesn’t matter either."

Good writeup about Boohoo by Liberum

Liberum upgraded shares of fast fashion retailer Boohoo to 'buy' from 'hold' on Friday 18 June 2021 as it argued that the valuation deserves to recover.

The broker said its previous 'hold' rating was based on the uncertain long-term financial and reputational impact of the supply chain review.

Liberum said it's clear from the three reports published so far by Sir Brian Leveson that Boohoo has taken the supply chain review very seriously and is going above and beyond to cover all aspects in the review.

"The company is not engaging in a one-time fix of the existing issues highlighted in the review by Alison Levitt QC, but is installing systems and processes that would ensure a continuous process of review and improvement," it said.

"We are satisfied with the progress the company has made so far to fix its supply chain issues, as well as the plans shared for the future," it said.

As a result, the broker reckons the current share price undervalues Boohoo as it should trade at a premium to the peer group given its strong profitable growth forecasts and "huge" market opportunity.

"While we do not reflect this yet with our target price suggesting a discount, as the path to redemption is a long-road, but we fully think the company should start to see the benefits of the work it has done, the promises it has made for the future and the growth being achieved nearly doubling revenues over a two-year basis."

Liberum has a 380p price target on the stock.

thank you ragtrade and please do keep saying it, i.e. Q£/Q4 is when we see what BH is made of, signs at mo all good.

Nick Train: “We hate selling”

Nick Train hates selling companies so much that he can’t quite remember which stock he sold last.

“Selling is an admission you’ve made a mistake,” he says in an interview with Leonora Walters.

https://www.lovemoney.com/news/62612/expert-share-tips-uk-what-to-buy-hold-sell

Boohoo - BUY

Boohoo, which has faced scrutiny over working conditions at its suppliers, has now integrated the Dorothy Perkins, Wallis and Burton brands onto its platform.

Rising demand for dresses has boosted sales and given the management confidence, according to John Stevenson, an analyst at Peel Hunt.

“Its first quarter trading performance has hurdled some fairly punchy comparatives to come in ahead of consensus,” he said.

The sweatshop allegations that engulfed Boohoo last summer are receding.

The latest report from Sir Brian Leveson, the independent monitor, is largely positive.

True, the company is still having “the wool pulled over its eyes” by a few dodgy suppliers. But overall he gives it a gold star for effort.

Its unannounced compliance checks on suppliers and other measures imposed on them to ensure better working practices and less cheating on minimum wage rules have convinced Brian Leveson that Boohoo is taking seriously the past abuses in its supply chain.

Jupiter, Boohoo’s largest independent shareholder with a holding of just under 10 per cent, according to CapitalIQ, is also backing the re-election of Kane.

Boohoo said it was “important to recognise that the board has acted unanimously in developing a robust plan of action and drawing up the rigorous Agenda for Change, which has had favourable feedback in discussions with multiple institutional shareholders.”

Boohoo’s steps to become a more ethical company have included hiring Brian Leveson, the judge who oversaw the inquiry into Britain’s phone hacking scandal, to monitor its supply chain. It has also linked certain bonuses to progress on the matter.

John Lyttle, chief executive who is also up for re-election, this week told the Financial Times he was “really looking forward towards a very confident vote in the re-election of Carol” at the company’s annual meeting on Friday.

Barlcays has an ‘overweight’ recommendation on the stock with target price of 530p.

https://www.proactiveinvestors.co.uk/companies/news/952428/boohoo-still-an-attractive-stock-says-barclays-952428.html

Oh dear, looks like the hate team are out in force. I have loads of green filters on here.

Sad, that some people have the ability to hate so much.

Jealousy, envy, sure bring out the worst in human beings.

Cool it guys, life's too short, you'll give yourselves a heart attack venting such anger and frustration.

Well said Slipperz and thank you for saying it.

Reppyrr - for me, Boohoo is the best share to come good.

Recovery plays are exactly that, recovery plays, they may come good or you may get your fingers extremely badly burnt.

You make your choices and take the consequences.

Never assume you've made the right choices.