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Yeah right.....you clearly don't understand anything about fashion and where the big spenders are! The hight street has been wiped out....so where are the people like me who spend £5000 on new clothes every year going to shop at....? There is a huge market for women over 18-25, and BooHoo would be blind not to take advantage of it. I don't care about the brand...I want beautiful, interesting, well fitting and good quality clothes, exactly as I am!
You are talking as if BooHoo are going to sell the same crap as Arcadia and co did, for the past years! The fashion, silly! It changes all the time. Get the right people to design the right kind of clothes, sell them on Debenhams platform and make a fortune!
Don't be ridiculous. Firstly, if there was any difference to report to what was predicted, it would have been reported by now. Secondly, the market has already reacted as if the company has stopped growing, or even made a loss! The markets are illogical, but only for a while.
The satisfaction of the customers is a better indicator of where they will buy again and again, than how many times an app was dowloaded.
Trustpilot reviews of Boohoo.com: rating 4.2 from 173,212 reviews.
Meanwhile, Shein has a rating of 2.4 from 41,214 reviews.
Nobody knows anything about Shein, apart from spying on western youth on behalf of the Chinese communist party, after making them download their app. Making them download the app is their main achievement, nobody in their right mind would order their crap for a second time. Profits from sales are unknown, and probably wildly exaggerated, since governments are preparing to ban the app.
"The Court DENIES Plaintiffs' Motion To Compel Further Discovery Responses And Document Production From Defendant Boohoo".
It means that the court has DENIED access to more information about Boohoo. The accusers already had plenty of info, but couldn't find anything to sustain their claims. They are about to lose the case (which has been already dismissed once) hopefully sooner than later.
Yawn. It was dismissed once, but the private losers behind it held onto it for their dear life, while trying to deflect simple questions like what did they actually buy from Boohoo, since when it will be dismissed for the last time, they will have to cover the costs. They hoped for some under the table ransom paid by Kamani to them from the very beginning, but they’re got the wrong person. Boohoo will make an example of not pay a cent to anyone trying to blackmail the company.
Ok, I don’t care what one out of a million is doing. The price will rise as the profit continue to rise above UK average, the issues are left behind, and more investors and funds are buying. I don’t care about a minimal shorting, and don’t sell shares on flea stories and other tabloid fantasies.
Yes, Shein exists, as well as another thousand of Chinese companies. I ordered once from Shein and never again. I had to wait 5 weeks for the items to arrive. When they did, I would have liked to send them back to China, on my own cost, hoping to get a refund during the same year, but I ended admitting I made a mistake ordering from them and binned then. The cheap material was beyond cheap looking….it was gross. The look way different from what was advertised, and the fit was strange, like they were made for a man in drag, not a real woman.
Just read their crappy reviews….
Meanwhile, the Boohoo owned factory will be ready this autumn, ready to produce for the House of Boohoo. They are also growing tons of cotton in Bangladesh right now for the first time ever, so they could avoid any future speculation about slavery in China, as well as moving towards a more sustainable and eco friendly material.
The supply chain issue belongs to the past. They got rid of hundreds of the tiny (family sized) businesses that were exploiting their own impoverished family members, most likely. They are doing the same as we speak with their overseas supply chain. The remaining businesses will get stronger and better.