Member Info for southcoastbather

"I am particularly encouraged with the ongoing trend of improved performance in our core brands which saw GMV down 9 per cent in H124 and down just 4 per cent in H224 demonstrating increasing momentum and validating our strategy to focus on these brands which are much loved by our customer base."

Dept... Debt or giro debit... Probably the latter.

Https://youtube.com/shorts/GvGyGn8M88k?si=EtWnLmWP5kEXAxvG

Knock knock...

Full sector recovery in motion...

High street sales in the fashion sector declined again in June, recording a tenth successive month of negative sales figures, down -6.7% compared to the same month last year. This is in stark contrast to online sales, which increased by +9.9%, emphasising further the poor performance of the sector’s high street stores.

Https://youtu.be/MGZS3yv2Q1A?si=DP7Al7lw8_lVDcd6

Https://youtu.be/MGZS3yv2Q1A?si=DP7Al7lw8_lVDcd6

Not interested in anything about the company, just personal thrills of some weird kind....

Frasers made approx £700 million by trading hugo boss shares.... They are here for a trade that has potential to surpass that.

I am particularly encouraged with the ongoing trend of improved performance in our core brands which saw GMV down 9 per cent in H124 and down just 4 per cent in H224 demonstrating increasing momentum and validating our strategy to focus on these brands which are much loved by our customer base.

'The group is now well positioned to return to growth, and we are focused on ensuring that growth is both sustainable and profitable.'

Last month, rival Asos reported a first-half loss but said it expected to report positive core earnings for its full 2023/24 year. On Tuesday, online fashion marketplace Zalando said it had returned to growth in its first quarter.

Milo Bussell, an analyst Edison Group, said: 'Moving forward, it will be interesting to see how consumer demand evolves in the coming year.

'Management noted improving momentum in sales between H124 to H224. Having opened its new US distribution centre to target a key market and completed its automation project in Sheffield, the company believes it is well-positioned having invested for sustainable and profitable growth.'

Https://www.dailymail.co.uk/news/article-13755065/Ted-Baker-close-remaining-31-stores-risking-500-jobs-four-months-going-administration.html?ito=social-facebook&fbclid=IwZXh0bgNhZW0CMTEAAR1sbvGjJeneCpAN97ilBsxrDLrYN43X1eVDDDmyac4aebV_pgE7YWY7HXg_aem_HWk06_eOGICrc-YpgzYuEQ

Ted Baker to close ALL of its remaining 31 stores risking 500 jobs four months after going into administration

Whos buying the brand to take it on online I wonder...

Analyst - if you look back you will see that the likes of sports direct, next, primark etc etc have all been in the headlines for the same stuff as boohoo and they all recovered... They also all had idiot trolls.

Yet all of my buys have been posted and often verified by other genuine holders around 30 odd pence......

That must have killed you inside searching back through all them posts and coming up with nothing about buys at them higher levels.... No evidence to back up your nonsense about me buying at the top...

I'd say you have been through about 10 user names in the time period since that post of mine until today.... About the same number of times I've been to the Caribbean in that same time period..... Guess what... I'm off back out there on Wednesday....

Your "life" is in this chat - 24 hours a day thinking about boohoo, 18 hours a day posting about boohoo... Day after day calling out user that doesn't even post anymore.... Replying to yourself via different accounts... Absolute lunacy.

Some of us are actually out in the real world living a good life😎

'I am particularly encouraged with the ongoing trend of improved performance in our core brands which saw GMV down 9 per cent in H124 and down just 4 per cent in H224 demonstrating increasing momentum and validating our strategy to focus on these brands which are much loved by our customer base.

'The group is now well positioned to return to growth, and we are focused on ensuring that growth is both sustainable and profitable.'

Last month, rival Asos reported a first-half loss but said it expected to report positive core earnings for its full 2023/24 year. On Tuesday, online fashion marketplace Zalando said it had returned to growth in its first quarter.

Milo Bussell, an analyst Edison Group, said: 'Moving forward, it will be interesting to see how consumer demand evolves in the coming year.

'Management noted improving momentum in sales between H124 to H224. Having opened its new US distribution centre to target a key market and completed its automation project in Sheffield, the company believes it is well-positioned having invested for sustainable and profitable growth.'

For all the jabber on here you would think everyone here would have been chomping at the bit to attend the agm recently.... Not one of the keyboard warriors turned up though.

I bet you would have all loved to have had a 10 minute one on one conversation with the chairman... It was very insightful that's for sure.

"This company has made a loss over a 5 year period, the next results confirm that continues"

Meanwhile in the real world - 3 years ago record profits...

Boohoo’s adjusted pre-tax profit climbed by 37% in the 12 months to 28 February to a better-than-expected £174m as the group’s customers shrugged off concerns about the group’s supply chain, following last summer’s allegations that linked it to factories with poor working conditions in Leicester and abroad.

https://www.theguardian.com/business/2021/may/05/boohoo-profits-soar-as-covid-turns-customer-focus-to-loungewear#:~:text=Boohoo's%20adjusted%20pre%2Dtax%20profit,conditions%20in%20Leicester%20and%20abroad.

Https://www.ons.gov.uk/businessindustryandtrade/retailindustry/timeseries/j4mc/drsi

https://www.ons.gov.uk/businessindustryandtrade/retailindustry/timeseries/je2j

Note the correlation of total spend and internet sales as a percentage of total retail...... Mirror image....

There's a poster here saying they are on a free ride with a share price at pretty much all time lows.... Surely they can't even believe that themselves?!... I mean it is impossible after all.

"On top of this they saw sales fall significantly last year when the market rose (fact)."

https://www.statista.com/statistics/285374/online-retail-spending-in-the-united-kingdom-uk/

2019 178 billion

2020 243

2021 250

2022 224

2023 217

So Hexam stated it is a fat that retail online spending grew from 2022 to 2023 - forgive me if I have made and error but 217 billion seems a smaller number than 224 billion which would suggest a contraction rather than growth.

Seems to be stating a complete lie as a fact.

"On top of this they saw sales fall significantly last year when the market rose (fact)."

The fact is this is a lie from Hexam that he continues to peddle....

Boohoo are selling a property they never should have bought - its the right thing to do. (unless of course you are dopey enough think that companies like next or frasers own all their properties as apposed to leasing them)

Frasers have NOT been buying shares for any other reason than to invest in a sector that they know has been beat down ans is due a strong recovery. Owning shares gives them zero rights to anything other than voting rights as it stands today. Investors like Mike Ashley do NOT invest in a company they think would fail.

As an example - were boohoo or asos shareholders in any of the companies the bought out of administration? NO.

If you really need more evidence of the above - Mike ashley owned a massive chunk of Debenhams yet Boohoo managed to buy it instead of Mike - so how did being a large shareholders of Debenhams benefit mike? (only an idiot would believe large investors buy into a company that they think is going to fail)

Large investors do not invest to "feed on a carcass". Large investors invest to make money on a share that is going to rise.

People seem to think there is some kamani conspiracy going on here which is just ridiculous.... Is the same conspiracy going on @ asos? Revb? Thg?

Did the the same conspiracy happen at AO?

Was there a conspiracy at rolls Royce? Yu group?

As for amazon being worried about shein lol.... It sounds like Amazon are about to take some of sheins lunch.... Do you think amazon should be worried about shein - or should shein be worried about amazon tapping into sheins market? (do you realise how stupid it is to say the second richest man on earth is worried about shein deary me)

Saying jeff bezos is worried about shein is single handedly the stupidest thing I have ever seen on lse.

"And please refrain from calling posters thick as your hardly the oracle dear boy."

The irony of the above 😂😂😂

Like i said.... Monastery...