RE: Boohoo and fast fashion4 Oct 2020 23:39
retrosec - yes, you're right, a fairly balanced article and well worth reading in full.
I feel sad for those who may have sold boohoo shares to go into the likes of cine, amigo, n brown, supply@me, etc., etc.
Some shares are cheap for a reason and you have to be so careful with your hard earned money. For me, I never touch shares who have, for example, too much debt or too little history of operating.
I think some investors may have lost confidence with Boohoo because of the suppliers' problems. This confidence will return
Boohoo has so much going for it and I, for one, will be happy to see suppliers' workers being treated well and paid properly.
That's important to me as an investor. I don't like greed. I like to see everyone benefitting from a great growth company including the suppliers' workers. I look forward to Boohoo being seen as the best business model for this, so other businesses have to follow. That would be the ideal for me.