RE: Zara offers a range of prices to suit different tastes and budgets, from its cheaper, basics range up to its more luxurious, expensive items14 Mar 2024 07:11
Let’s just hope the next update is nothing like the last one, it was a real shocker with a 17% revenue decline which was trying to be covered up by the BOD focusing in on core brands decline of 10%.
I think the next results could be another potential calamity stating results are “in line with market expectations” who knows the meaning of that as the information the market expects has not been released that?
Also, the change of CFO in such a short space could indicate they are not happy with these results so Shaun got the boot. But I believe the failure of this company lies with JL. SHEIN have achieved exponential growth in this market whereas BOO are going backwards…Simply not good enough!