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Koovs are holding a Capital Markets day on October 29th to get the word out & tell Institutions/ analysts where they are on their journey to becoming India's top leading western fashion destination.

They announced this on Oct 3rd, when they already knew what their H1 trading figure were.

H1 trading update definitely before then. They wouldn't have bothered with the presentation if figures were bad.

Looking to see if they have built on their Q4 67% & Q1 104% increase in sales.

I didn't think that the Indian market was anywhere near the UK one yet!

According to a McKinsey's report, FashionScape, India's apparel sector will be more than $60 billion in 2022, making it the sixth largest market for fashion in the world. To compare, the UK will be $65 billion and Germany, $63.1 billion.

https://economictimes.indiatimes.com/industry/services/retail/kishore-biyani-backed-future-style-lab-to-add-70-stores-over-3-years/articleshow/71195888.cms?from=mdr

If Koovs could just pick up a few Billion of that- it would be great ; )

Yes, very easy to sell & not easy to buy decent quantities.

Although volumes are still very low, this has been dropped on very low volumes.

If decent news is released, this is where the PR firm Newgate Communications come in. So far they have been extremely poor & very much out of their depth. It's a shame that Koovs didn't go to a more established & capable PR firm.

Yes Joe, every single trade today is a BUY, some showing as red, below the mid-price

The HT deal was meant to be at the lower of the last placing or the three month average. The lower is obviously around 5p. It was a poorly orchestrated deal. They will not raise cash at 5p, will cause untold dilution.

Koovs assured us that they have enough cash & media credit too. They will use HT MEDIA as & when they need to.

We are now in H2. There will definitely be a trading update for H1.
Investors will be looking at improvements to Q4 (67%) & Q1 (104%)
Will also be keeping an eye on margins & decreasing losses.

Most importantly, funding news. The latest funding price of 28.36p is legally binding & the first small tranche at this price has already been received. (They have to properly address funding & the now defunct HT Media deal)

Store openings. Five new concessions to open around India (H2) in Central Malls, with another eight pencilled in.

Big launch of the Manish Arora collaboration on Oct 14th https://www.vogue.in/fashion/content/first-look-at-designer-manish-arora-second-collaboration-manish-arora-paris-x-koovs

Capital Markets Day at the end of the month presented by the new Chief Creative Officer Christian Westphal who recently joined the company.

A possible new broker note from Canaccord Genuity & Whitman Howard (already have a 20p target).

Better PR from Newgate Communications, who have done very little thus far.

Please add if I've forgotten anything!

Very interesting to see Koovs Instagram followers pass the 750,000 figure (inc Koovsman).
These are organically grown numbers & not 'bought'. The management assured us of this at the AGM

https://www.instagram.com/koovsfashion/

https://www.instagram.com/koovsman/

H1 trading update any time before the Capital Markets day on Oct 29th.

Canaccord Genuity the new joint Broker are a big International outfit.

"The firm focusses on growth companies, with operations in 10 countries worldwide"

They will most likely publish a research note with the H1 figures now in.

Can Koovs build on the Q4 67% & Q1 104% I believe they will.....

Nice buy Matt! Plenty of news expected this month, I agree. Looking forward to the new collaboration next week with Manish Arora.
I see the invites have been sent out to a select few for the Capital Markets Day. Doubt many on here would have got one ; )

Now we are into H2, there will be another 5 concessions opening in the super modern, high footfall Central Malls, with another 8 pencilled in. Great exposure for Koovs.

Manish Arora is a massive name in India & has dressed Bollywood A lister stars such as Sonam Kapoor & Ranvir Singh, both with over 20 million Instagram followers.
Internationally, Taylor Swift with 120 million Instagram followers has worn his gear. He is a massive name & this will help magnify the brand name in India

Following on from the Vogue India publicity, Koovs are now in Elle India, both with a huge reach, both physical & online.

https://elle.in/article/manish-arora-x-koovs/

A few clues on Instagram that there will be a fashion show to coincide with the launch next week.

Wouldn't it be good if this also coincided with a store launch! I remember their first store launch that had a big fashion show.

https://www.instagram.com/koovsfashion/

A new collaboration for Koovs announced launching next week with Manish Arora. Vogue India has a large social media reach & huge presence in India.

I keep an eye on the competition & none of them are as up to date with Bollywood stars & social media outreach with bloggers as Koovs are.

https://www.vogue.in/fashion/content/first-look-at-designer-manish-arora-second-collaboration-manish-arora-paris-x-koovs

Capital Markets day at the end of the month, H1 trading update too. Five more concessions opening in H2 to make it eight. Another eight to follow, making it 16.

Unlike the share price, it's all looking good!

Even the slight slowdown in the economy, the recent big sales in India show a massive increase in sales/ customers for E-commerce giants Amazon & Flipkart (Walmart).

https://timesofindia.indiatimes.com/business/india-business/festive-sales-amazon-flipkarts-share-set-to-rise/articleshow/71449536.cms

StalkBuyLove, an online fast fashion rival that also sells Western Garments has virtually folded. The founder made some bizarre video on Instagram which is worth watching, after they ran out of money & didn't pay their influencers etc

https://www.thenewsminute.com/article/stalkbuylove-faces-cash-crunch-defaults-payment-refunds-and-dues-108796

https://www.instagram.com/stalkbuylove/

There will definitely be a trading update for the period ending 30th September.

This will coincide nicely with the Capital Markets Day.

IMHO the trading update for H1 will be ahead of market expectations.

Will be interesting to see the new big gun on board Christian Westphal, the new Chief Creative Officer, as I reported here last month.

An exciting month ahead ; )

Returns on Brand Factory online are less then 10% - That is amazing! Remember that Koovs set this up!

Under the terms of the Technical Services Contract, Koovs will receive a one-off payment of $1.4m for the development of the Brand Factory online platform and an ongoing maintenance fee for a term of 24 months. The value of the maintenance fee will be equal to the cost incurred by Koovs in providing the maintenance of the Brand online platform plus a management fee. Both the one-off payment and the maintenance fee are expected to be profitable for the Company.

Sorry genuine guys, my original post got a bit lost amongst the crap

This interview with Kishore Biyani CEO of Future Group & largest shareholder of Koovs shows why they need Koovs & their technology.
https://www.indiaretailing.com/2019/09/25/retail/kishore-biyani-on-success-working-with-amazon-using-technology-to-move-ahead/

The Future is Fashion
Future Group is extremely bullish on its apparel business

“There is an opportunity to sell a billion garments in this country. Our mission in the organisation is to be the ‘Clothia’ to the nation. We are aiming at 3X growth to reach the billion garments target and that cannot happen only through physical distribution, we have to create a whole sourcing to supply chain to demand creation back end, and that is what we are working on,” Biyani said.

We have recently introduced Brand Factory online. If you look at our Brand Factory metrics, we only do cash on delivery, our returns are less than 10 percent, our order size per ticket is 4 and our ticket size is higher than the industry average.

Using Technology to Surge Ahead
Future Group has spent the last few years investing heavily in technology which it is using to collect data. It has line transactions of more than 8 billion which it has processed and has data of more than 5.5 crore customers.The management has a vision – to have more than 1 crore people visit their stores more than 12 times a year each, make them spend Rs 1 lakh each in the Future Group ecosystem, and this – the group firmly believes – can only be done with the help of technology.
“In the next two years, all the decisions in any company will be taken on the basis of technology. Data will be the king. From manufacturing to supply chain to accessing the spending power of the consumers, data will drive all the decisions. At present, we are working on a technology where we can future sense the demand of any product on the basis of the shopping patterns of consumers,” explained Biyani.

Kong
Justify why you won't think it will be a good one. I've given my reasons as to why it will be good.
What do you mean you don't think any Institutions are in?
Have a look at the last Capita shareholders register- there are plenty of Institutions in. No Institution reduced their holdings from the previous update.

I honestly haven't got the time to keep correcting your misleading statements. You remind me of that loser on here who posted the same misleading crap, Pascha. It got embarrassing the amount of times I owned him, before he got exposed & banned.

Kong
I seriously suggest you read the interview again. Biyani talks with great enthusiasm about the Brand Factory site & how well it is doing. Koovs were paid $1.4 million to set it up.

He talks about technology, which Koovs is helping Future Group with. He will have 8 concessions with Koovs in Central Malls in H2, with another 8 pencilled in.

You sound a little confused. We know that Koovs were trading in line with market expectations on Sept 5th at the AGM, no 'buts' about it, just stating facts. The CFO stated this. Didn't see you or the other gurus there- but then again, only real shareholders could attend, not virtual holders who hide behind computer screens.

Q4 was 67% growth in GOV
Q1 was 104% growth in GOV
I'm looking for this trend in growth to continue.

You state 'every company can do the same'- REALLY! Name me a few, seriously, name me a few fashion e-tailers that are growing like Koovs.

Returns on Brand Factory online are less then 10% - That is amazing! Remember that Koovs set this up!

Under the terms of the Technical Services Contract, Koovs will receive a one-off payment of $1.4m for the development of the Brand Factory online platform and an ongoing maintenance fee for a term of 24 months. The value of the maintenance fee will be equal to the cost incurred by Koovs in providing the maintenance of the Brand Factory online platform plus a management fee. Both the one-off payment and the maintenance fee are expected to be profitable for the Company.