RE: Even Motley dislikes a BOO10 May 2023 21:24
On a plus note I was really happy with my BOOMAN order today bought 7 items and only returning 1 as they sent me the wrong size. Looking at ASOS results in detail I see them as a positive in regards to margin now improving and I certainly believe we have seen the worst of inflation with this now starting to fall. It is proving more stubborn here but I think we can start to get excited about things improving again in regards to margin. My main huge concern is Shein…We really need to protect the likes of ASOS and BOO as we can’t compete on the price that the likes of Shein offers. They get around this by sending multiple small parcels to avoid taxation, they will be eating into UK businesses profitability and reduced taxes all from a Chinese company who treat their employees horrifically! If the government could wake up and smell the coffee here that would be greatly appreciated!!!