Member Info for ragtrade

Danl90 handsome margins on 200pcs is reality of KM, slow burn, ain't no TS but is a nice Brand to have, it will contribute positive revenue if managed correctly and add to bottom line in a postive way but its not going to break the bank.

Keepcalm , yeah i saw the Strong Man sponership, weird, bit worrying , marketing team need sitting down and avin a chat with id rather they piled the money into Tik Tok or whatever the new up and coming latest social media app is , europes strongest man , made me wince.

@dan im not talking about potential buyers paying £1 for £1 , im talkingvabout Admins doing this when they havent yet finalised a buyer , its very odd bearing in mind this stock will arrive after the deal will have been done ascwill due payment. I guess its a side issue but it does indicate how important these brands are that they feel confident to do this. The BH story will continue regardless and i wont get into a protracted debate on the route but with TS/TM on board it will be a bigger better much more interesting one.

@newguy 76. Your 100000% right. Rarely do journalists or organisations think things through, its very easy to bash owners your far better working with them and educating them. As a result of this article workers will lose their livelihoods. In India min wage is 176 rupees for 8 hour day , xrate appx 95 to £. Living wage which everyone touts for is of course way forward. I was in a small factory a few years back, got to finishing area and their were some kids 5ish picking out loose threads from finished garments , i was appalled and started remonstrating with the owner who just shrugged his shoulders, their mothers were machinists in the fty , their fathers were in construction working away in Dubai, Africa , it was explained that they paid for eldests education and their food by both working but it meant the mother had to bring in kids otherwise they couldnt work and whole family would suffer, so its easy to moralise when you have moved on from the workhouses that this country once ran and you have water at turn of a tap and a flushing loo. There of course was an answer which was to install a creche, alot of the bigger ftys had started adopting this strategy and now any factory worth its salt has a creche , unfortunately this also comes with a whole heap of compliance problems. To me this article is sloppy, lazy journalism that again smacks of a vendetta.

@dan, Admins paying full contract price otgerwise we would not ship , goods land end Jan invoice payabld mud feb , there is tons of stock all around World that they are requesting to be shipped normal terms at the pre Admin pxs, all SS21 merch, cant work out if they are paying then whose books this is going on because surely sale will go thru before mid Jan and stocks not in till end jan, they are not paying £1 for this stock they are paying full px otgerwise we would just keep and sell to new owners very odd

@dan do you mind where revenue comes from ?? This is my point re TS/TM it can add rocketfuel to share price as revenue from it will come in quickly, ive just been asked to ship 12k pieces of TS stock it will arrive end Jan , whose books will this go on ??? Issue is that as i mentioned earlier i think this maybe too much for BH in more than one way but im praying they pull it off as instant benefits are massive.

Got to laugh at the pic of the toilet, has anyone actually been to Pstan, Bdesh, India, if it's rural which i suspect it is then quite lucky to actually have privacy, had to use communal squatters more times than i like to remember, In India Modi gave every village a fund for public loo to stop them ****ing and ****ting in streets, half the local officials potted the cash or put a loo on back of their own house!! socialist metropolitan elite journalists you have to love em they really really have it in for BH, like a dog with bone, as has been said before scratch the surface of most big companies and you'll find a lot of turds that didn't go down the loo let alone the squatter.

@Merv as i've said dont get me wrong, no one would be happier if BH secured TS/TM at circa 200m. I'm not sure that the Admins set the value at 200m ?? showing their colours before negotiating not there style !!! that said would love to see any link you have and how they came to that conclusion , i have seen various agencies saying Arcadia Brands were worth 800m and value halved. Pretty sure that there is no value left in the stores, no freeholds anymore all borrowed up to the hilt, the value is in the brand names, the stock, online, the order book for wholesale (considerable) and these guys won't be looking at the next 2-3 months, everyone written off already, they will be looking to March and beyond and the serious value that these Brands attract Worldwide, i'm even being offered by Wholesale partners in Israel offers for our TS stock everyone is desperate to be in stock for SS21 when demand is expected to be high.

Feared for this Brand as it was the weakest, sold for 23 million tho, not bad, i'd have only given a KFC Bargain Bucket. In as statement given by Admins.

Administrators said the process to secure new owners for the other Arcadia Group brands is ongoing, adding that there has been "significant expressions of interest for all brands". A further update is expected in the new year.

Number of machines really depends on so many criteria. I'm afraid costs are going to rise but they can mitigate this by by going off shore with the basic flow lines which equates to about 40% of there main brands, also can off set with the London Brands. Depends of style of garment they are putting through Leics because if it's tricky then productivity will be low , would have thought 100- 150 machines under one roof to start, as the business grows then fty will grow in line. Beauty of all of this is regardless of number of machines they will have option to increase/ decrease / go off shore to suit the product or the Brand and this is quite key to control margins.

https://www.drapersonline.com/news/sales-rocket-at-missguided-but-distribution-costs-hit-bottom-line

@Pmoran great post 10000000000000000000000000000000000000000000000000000000000000 % correct.

As Dan mentioned yday , it just gets a bit giddy and goes off to loo along with it's mate Asos to sort themselves out, they'll be back soon feeling better and raring to go.

@mattyboy , boom, boom, on desktop now, so hopefully no more seafood mishaps!

Sorry to be clear today is last day for proposed bids, resson i say this is i was hoping for a smash and crab by BH. Ive been hearing for sometime a yearish that Arcadia was talking to PG and Amazon about Arcadia but wasnt sure if just rumours, i think MK has kep his tinder dry for this very moment hence the cash they set aside, im surprised Amazon dont see value in getting involved , its small change for them and gives a big foothold in a extremely competitive market. Anyway lots of players now not least Authentic Brands who cud be fly in the ointment, think this maybe set to play out a bit longer whilst Admins play off one against another.

@ration, ok thanks, reason i ask is i have vested intrest in Topshop so im watching wires and speaking to others in trade daily , im aware today in d day for bids and PG is favouring BH over Ashley but lots on others are in as well so i think uts all to play for.

@ration how do you know BH is front runner for TS ??

@Pmoran succinctly put and the crux of what you wrote i believe is this.

Alternatively they might look like and think they will be well above but have genuine concerns about how trade in dec jan feb might go because of tiers and possible post Christmas lockdowns etc so be able to justify not issuing anything without falling foul of the rules.
Also note the 28-32% y/e revenue growth guidance (up from 25%j issued in September was supposedly conservative/cautious due to uncertainty around covid.

@HarChris firstly ask SE what earth shattering is in % terms , as they are his words not mine, then ask @Pmoran/Danl90 what fig above BH current would warrant an RNS as i believe they have debated this recently and far more adept than me to answer stock market idiosyncrasies (hawd to spelcchk this)

Danl90 -LoL , LoL, LoL keeping in line with the demo, nice.