RE: I was an immigrant to the UK a long time ago28 Aug 2020 22:25
Boohoo was one of only a handful of companies to set all time highs during lock down. The world is moving online very fast. The High Street is as good as dead. The sooner people accept this the better.
There is a reason why companies with robust online business models are thriving like Amazon, Ocado, Boohoo etc. Boohoo's competitive advantage over almost every other fast fashion store is embarrassing.
Perfect buy opportunity this PM, and the smart took advantage. With multiple news expected in Sept including a bumper trading update, the market will chase this much higher over the next two weeks imo.