Member Info for southcoastbather

My mistake on the revenue percentage

Tbh the monetary effect of Karen millen on the group revenue is minor, the big drivers for growth or decline are boo and plt, as I said before I think the h1 declines for plt were worse than other youth brands and that will show in full year results.

I think it could come in worse with plt back in the mix - somewhere north of 25 percent revenue decline.

I also think Karen millen has taken a turn for the worst based on no mention of it in the trading update - remember how they were singing about it then all of a sudden forget to mention it. That suggests to me that the 31 percent decline seen in h1 has likely continued into h2.

H1 loss would have been 50 million with without the 35 million one off boost, with further revenue decline I think h2 loss will be north of 50 million so the total loss for the year will be 65 plus million.... Unless they have already sold something and not updated the market?

Based on that they will need to raise funds somehow..... And you have already suspected the same as me

What are your full year expectations for the figures hexam?

I mean if you really simply things then all they have to do is get staff numbers and infrastructure back to where it was in 2017/2018 and then they would make a profit.... After all they were profitable back then😉

Id hazard a guess without looking that staff numbers in 2017/2018 were about 500 - 700.... How many are there currently? 2500??.....

Happy to talk about youth brands

They were 41 percent down for h1 this year vs h1 last year

The most recent update stated -

"a discernible improvement in the performance of our Youth Brands"

In other words things got so bad they couldn't get any worse - thats the reality.

I bet you can't find me another clothing retailer that has seen that kind on revenue decline for h1 in a yoy comparative ever.

The question - is what is their interpretation of a discernible improvement?

I notice they didn't mention the words flat line, leveled out or growth, so revenue is still falling.

Youth brands decline for the full year will be in excess of 30 percent yoy which despite all the hype is a total car crash.

Imagine if February takes turn for the worst and they can't hit the adjusted ebitda?

Feb 17 35.6m 12.1%

Feb 18. 56.9m 9.8%

Feb 19 84.5m 9.9

Feb 20 126.6 10.2

Feb 21 173.3 10

Feb 22 125.1 6.3

Feb 23 63.3 3.6

Feb 24 58.6 4.0

Feb 25 41.6 5.3

Feb 17 they had 58 million NET CASH

FEB 19 they had 190 million NET CASH

As I have said many times, they have taken the business back to 2017/2018 on a revenue and adjusted ebitda level, but when you consider the business is making huge losses now its even worse.

And with youth brands dying and market place providing more of the revenue the adjusted ebitda margin will never return to 10 percent levels.

The company is still losing money regardless of management shouting about the adjusted ebitda increase.

The question is will they sell the distribution centre or will they raise cash from shareholders??...

Something tells me they need money within 8 weeks...

Bf should be giving out retirement advice - he has managed to "retire" on a total asset networth of 200k....

Lets not forget he was adamant he only had 2 grand in here and he has now openly admitted to that being a couple of percent of his assets.... Not portfolio but assets...

Fair play lad👌

*rampy

"I'm just hoping that we don't see 15p again"

Feeling a bit ramp my today are we 😉...

Just wait until the real numbers come out...

Revenue sub 900 million??

I don't even think people realise that if you take away debs away any revenue stream they have bought since 2020 the business has actually managed to retrace back to 2017/2018.....

I can just see it now, the company announce an administrator being appointed and the rose tinted gang here would clap and applaud saying "they did the best they could".... That's not even a joke!

So one day its...

"They said Burnley would close. It has closed."

Right so burnley is closed in that statement - closed not closing but but closed meaning already shut.

Then its...

"The final people were always planned to go in February southcoast"

How is it closed if the final people were meant to go in February.

Oh and you were adamant plt was being sold... Even saying they were selling to shein and dan couldn't have been more clear.... More utter carp

"Bfdinvestor

Posted in: DEBS

Posts: 9,702

RE: City AM29 Jan 2026 10:16

What have they u turned on southcoast

They said Burnley would close. It has closed."

"Bfdinvestor

Posted in: DEBS

Posts: 9,702

RE: City AM29 Jan 2026 19:43

I thought I would check the local paper southcoast.

There is nothing in it about the warehouse remaining open.

Indeed the last article from last year states that 500 have already left and the remaining 700 will go in January and February"

Says its closed, finds evidence its not closed....

Shame the narcissist personality won't let suffers admit they were wrong, and have bewn wrong from 430p down to 10p

Yes you're right fed you're right, I said they needed to cull some 3000 staff 2 years ago akd I was right despite what all the expert posters here said

I have also said from day one that plt wouldn't be sold.

I'm now saying they will likely keep Burnley and instead do a cash raise in March.

It's all a bit suspect this recent trading update.

The fact is youth brands were down 41 percent for h1 this year vs last year so with them saying there has been "a discernible improvement in the performance of our Youth Brands" doesn't really hold much weight with me, I believe h2 will still be over 30 percent down on last year which is still an absolute car crash.

There is going to be at least a drop of 300 million in revenue for the year.

I would imagine city am have been in contact with whoever the company secretary is.... Not that market knows who the secretary is....

https://www.cityam.com/debenhams-to-retain-pretty-little-thing-as-fast-fashion-brands-recovers/

In its final results released in August, the group reported a 10 per cent fall in sales, with ‘youth brands’ Boohoo, Boohoo Man and PLT suffering the hardest blow, with sales down by more than a fifth to £1.5bn.

The sale would have involved the closure of its distribution centre in Burnley and resulted in the loss of over 1,200 jobs.

However, it halted the sale after being “particularly pleased” by the pace and scale of PLT’s recovery, leading them to decide to keep the business within its operations.

Read the advert ffs....

It's offering a sale and lease back opportunity.... Lease back to boohoo!!

The problem is people here watched that presentation a few months ago and didn't realise the slide show was just projections rather that what had actually been achieved.... Those projections are now NOT happening.

Burnley isn't closed and they are now keeping it and the 1200 staff.

Youth brands revenue is still DECLINING - that is not growth.

They are not selling plt.

You literally have no idea what you are talking about lad.

So in a nutshell and off the back of an ADJUSTED ebitda number the company have decided to uturn on everything they showed shareholders in the November update and presentation

The presentation that was applauded by posters here as being thr right thing to do, right sizing the staff numbers, the infrastructure and the cost base along with selling plt to pay down debt etc etc

Then 2 months later -

They are not selling plt

They are not right sizing the staff numbers - staff numbers will now be double what they presented 2 months ago

They are keeping the distribution centre along with all associated costs...

This all means they are going to need a cash influx and that's what is coming in March.... "we have achieved this but in return we need xy and z to continue or the company will run out kf cash"

And the fools here will once again applaud it!!

Basically desperate fools will applaud anything in the hope of getting their money recovered.... Absolute delusion.

"Debenhams Group (AIM: DEBS), a leading online platform, is pleased to announce that for the year to 28 February 2026 ("FY26"), it is trading above expectations and full year Adjusted EBITDA[1] for total operations in the current year is now expected to be £50m[2]."......

" Adjusted EBITDA is frequently manipulated, often referred to as a "smoothed" or "creative" accounting figure. Because it is not a standardized metric (unlike GAAP or IFRS net income), it is subject to management discretion, including over-aggressive addbacks, reclassifying operating expenses as capital expenditures (CapEx), and inappropriately excluding recurring costs as "one-time" expenses to boost valuation. "

Otherwise known as polishing a turd...

All they are saying is they found further ways of making the number bigger at their own discretion rather than accepted accounting practices.

Exactly - they are not trading profitably in the true sense of the word.

They are trading profitably until they pay all of their costs.

It's managed to get people thinking the company is profitable though.

Ill top that and guarantee the whole company isn't profitable.

Wait until March and the loss will be out.

Revenue declined to 900 - 950 million (and still declining)

Loss 65 - 100 million

Fcf - negative

Cash near zero with no outside influence

Its amazing that people actually think the company is trading profitably.

The said the brands was trading profitably in h1 while posting a loss for the group...

Beggars belief.

The company and brands are loss making.