Member Info for putneylad66

With Mary Turner stating that Koovs has over 2 million social media followers...... The future of e-commerce is social. According to various studies, its quite clear that 2016 witnessed an increase in sales through social. Its estimated that around $50 billion sale was generated using social networks with an increase of $20 billion from the previous year. The social shopping experience is set to become bigger and better due to the burgeoning number of social media users, easy ways to initiate purchases from brand pages, and users having the option to get instant purchase suggestions from their friends. HTTP://www.financialexpress.com/industry/banking-finance/the-future-of-ecommerce-is-social-heres-why/577632/

With the increasing m&a activity in India with the likes of Flipkart (Myntra & Jabong), Snapdeal, Amazon, Walmart & Alibaba, there could also be a couple of British e tailers keeping a close eye on what is going on in India- namely Boohoo & ASOS. ASOS connection Lord Waheed Alli, Executive Chairman Lord Alli joined the Board in 2012, having been Chairman of ASOS plc between 2000 and 2012. Mary Turner, Chief Executive Officer Was a non-executive director of ASOS plc between 2009 and 2013. Robert Bready, Chief Creative Officer Was the Product Director of ASOS plc between 2006 and 2012. "It has hired a number of ex-Asos.com staff since its launch in 2012. Emma Reed, who joined Koovs as head of menswear buying in 2013, was head of men’s and kids’ wear buying at Asos from 2005 to 2010." Melika Imorue Design Director at KOOVS.com Senior Designer ASOS.com February 2007 – September 2011 (4 years 8 months) | London, United Kingdom ........................ Ellen Andrew Head of buying Koovs Head of Buying ASOS.com 2005 – 2012 (7 years)

Shares Magazine today At 46.1p Indian youth fashion portal Koovs (KOOV:AIM) is an attractive play on the booming demographic of young Indian urbanites. Koovs’ nine-month trading statement (25 Jan) highlighted a doubling of sales year-on-year to £13.45m with mobile transactions up 151%. Koovs has since partnered with Bollywood’s go-to designer Masaba Gupta to launch (23 Feb) an athleisure wear collection that has ... I'm afraid you'll have to buy the magazine to read the full tip!

All eyes on next months trading update for year ending 2017. Last years sales were £10 million. I'm looking for triple digit growth of at least 100% to give figures around £20 million. The company is growing very well, you only have to look at the extra warehouse space purchased from the Finals rns

I agree that everything is falling in place, not just with Koovs, but the sector & country as a whole. India announced GDP figures of 7% yesterday, beating analyst forecasts. Yes, demonetisation took the wind out of the sails, but the sector is recovering very will into the new digital age. I keep a very close eye on the social & fashion scene in India. There's no doubt that Koovs has established itself amongst the fashion conscientious youth over there. It's a trendy niche label.

Koovs really upping their game with PR & social media. Young Bollywood actress Adah Sharma strutting Koovs gear, with 3.6 million followers on Facebook & 348,000 followers on Instagram. @Adah_ki_adah Hopefully these will be reflected in end of year figures in the trading update at beginning of April Trading Update (YEAR END 2017). More detailed Finals in July, where I'll be keeping a very close eye on losses.

Nice 100,000 buy late trade showing up from Friday lunchtime. Checked the bid/ offer at the time of execution (11:59) & it was definitely a buy.

HTTP://www.thisismoney.co.uk/money/markets/article-4253864/Sir-Viv-Richards-daughter-new-range-Koovs.html Today's Daily Mail highlights: The fashion designer daughter of former West Indies cricketer Sir Viv Richards is behind a new collection for online retailer Koovs. It is aimed at the active South Asian fashionistas driving India’s growing e-commerce market. Koovs is chaired by Waheed Alli, a Labour peer who is also a former chairman of Asos. Alli was a founder investor in Koovs in 2012 before leading it onto the AIM market in 2014. While many of the clothes are designed in London, its celebrity-inspired ranges largely sell in India. Koovs’ latest trading update reported sales had climbed 101 per cent in the last nine months to £13.5million. Now it is hoped Gupta, who has more than a million followers on Twitter, will score a further uplift in sales. Koovs shares closed up 1.7 per cent, or 0.75p, at 46.25p.

Great article today in Vogue India with Robert Bready Creative & Retail Director at Koovs This is how Indias top 4 e-retailers are making shopping a lot more fun February 23, 2017 HTTP://www.vogue.in/content/this-is-how-indias-top-4-e-retailers-are-making-shopping-a-lot-more-fun/ Who: Robert Bready joined the board of Koovs in 2012 after stints at River Island and the Arcadia Group and working as the founding product director of ASOS. He leads the creative design and retail for the online fashion platform and is the brain behind the always-on-point collections on the website. What they want: Millennials want a­ffordable prices, speed and ease of shopping, so we make sure to have the latest styles available across all our shopping channels,the website, mobile site and app. Most valuable products: There is one overriding trend among young buyers at present, which is the casual athletic leisure movement a­ffecting all product categories. Relaxed joggers with bling tops and statement trainers are the big thing right now. Our one-of-a-kind collaborations with designers such as Mawi, Pankaj & Nidhi and recently Gauri & Nainika have been a highlight. Rules of engagement: The process starts with our in-house design team travelling the globe looking at fashion and youth culture. The next step is to visit the main fashion weeks and record what is happening, and then fine-tune what we think is relevant for our target consumer in India.

Koovs absolutely smashing it on social media, Bollywood megastar Alia Bhatt @aliaabhatt with 12.7 million followers on Instagram strutting the new MasabaXkoovs range!

Non reg rns this morning: Masaba X KOOVS is a collection of sporty crop tops, leggings, joggers, hoodies, t-shirts, shorts and accessories, incorporating effervescent & playful prints and designed for the active, fun and social lifestyle of the twenty-something young woman in India. The collection which features 44 styles, has already sold out a number styles including Slogan and Swagger Gum print leggings. The launch follows Koovs recent nine-months trading statement with sales up 101% year on year to GBP13.45 million, over 100% growth in web visits and social followers, and mobile transactions up by 151%. Building on this momentum, the launch also featured live social media interaction with a Masaba Gupta live twitter chat (Masaba has one million followers on twitter), a flash-mob dance crew shared live and Instagram Live from the red carpet featuring stars wearing the Masaba X Koovs collection, which was also instantly shoppable via Instagram - a first for Koovs that generated over 2,300 Instagram views in the first two minutes.

Flipkart-owned Myntra is already the largest online fashion portal in India but it seeks to broaden the spectrum by investing in 15-20 brands in the coming months. Selected brands will also be assisted with capital benefits to scale up their business. Myntra plans to usher a strategic partnership with them so as to affirm long term benefits. Myntra aims to generate massive revenues from these private brands in the next three years. The e-retailer also plans to onboard a few private labels to its platform. "On the M&A and inorganic side, we are looking at brands that have created something in niche areas" https://thetechportal.com/2017/02/22/myntra-brand-accelerator-investments/

Koovs being endorsed by some Bollywood big guns. Krystle D'souza promoting the new Masaba X koovs range. 3.7 million followers on Facebook & 1.9 million followers on Instagram. Also reminded today that Lord Waheed Alli & his connected persons have an interest of 38,699,218 shares- that's 22.6% of the company!

Finally received some answers!! HT Media disposed of 10%- but did NOT CROSS any threshold- so no need for notification. They have moved from 6.84% to 6.16% of the total amount of shares (175.3 million). "Piyush Gupta, chief financial officer at HT Media, said that the company “exited 10% of our holding in the market last month and (is) not intending to exit anymore at all”. http://techcircle.vccircle.com/2016/12/23/exclusive-ht-media-sells-small-stake-in-fashion-e-commerce-venture-koovs/ Absolutely nothing to worry about- onwards & upwards!!!

Although I have written to both HT Media & to the Editor of VCCircle- I have yet to receive a reply on this debacle. I have written to them again today. VCCircle first broke the news on HT Media dumping back in November, then subsequently followed this up with excellent articles. Totally baffled at the managements lack of response/ clarity here.

Any pathetic rise is being sold into. As HT Media haven't declared to Koovs their 10% dump- one can only assume they are still dumping. Koovs are not providing clarity here, with investors having to Google all information about HT Media. This in turn is destroying sentiment. It's a shame that share holders have to write to HT Media for an explanation. This is going to be very painful as they originally had 12 million shares at 25p. Has anybody had a meaningful response from Koovs? I Just hope that Institutional Investors are putting pressure on the Board here, as us minions are the last to know anything.

Anybody see the Peel Hunt note? They have been extremely accurate with Boohoo (LON:BOO) with regards to price targets & analysis. Has anybody written to or heard from Koovs wrt HT Media reduced holdings?

Potential upside 129% Koovs PLC logoKoovs PLC (LON:KOOV)‘s stock had its “buy” rating restated by investment analysts at Peel Hunt in a research report issued to clients and investors on Wednesday. They currently have a GBX 100 ($1.25) price objective on the stock. Peel Hunt’s target price points to a potential upside of 129.89% from the stock’s previous close.

Great news that the brand has now been established & accepted by the tech savvy youth of India. Only a matter of time before this is swallowed up in ever increasing m & a activity. Americans, Chinese or even the Indians- there are plenty of cash rich companies looking to expand here, in the last frontier of e commerce in the world. The one advantage Koovs has over its competitors is its own high margin label- accounting for 40% of all sales.

Koovs has overseen a decline in it's SP of over 40% in the last 3 months!! Not exactly providing shareholder value here. I speak to several holders of shares here, who are quite disgusted as to what is going on with HT Media. It is destroying the share price & overall trust in the company. Lord Waheed Alli should know better, as well as Robert Bready. Mary Turner is also an ex CEO- so should know better about PR. Koovs need to get a grip, otherwise they will confirm what most journalists have been saying for a long time- that this company is a joke.