Member Info for southcoastbather

I've just taken a few more 37k top up.

"Online spending values increased in September 2021 by 0.5% when compared with August 2021, largely because of an increase in department stores sales values (3.8%). The monthly increase in online spending values resulted in a slight increase in the proportion of online sales, which increased to 28.1% in September 2021, from 27.9% in August.

This remains far higher than the proportion of online retail spending in February 2020, before the coronavirus (COVID-19) pandemic, of 19.7%, although it is below the peak pandemic level of 36.6% reached in February 2021."

@@@@@@@@@

Very interesting figures above, pre pandemic online shopping rate was 19.7pc then mid pandemic it hit 36.6pc but have now settled at over 28pc.

This is an absolutely massive boost to online spending when put into perspective - it means online retailers revenue will go up by 30 percent against pre covid ....

When you consider boohoo was comfortably growing above the guided 25 to 30 percent growth per year with online having under 20 percent of shoppers online you then start to realise what's really happening....

Covid has accelerated the move to online shopping....

THIS IS SIGNIFICANT.

"Footfall across UK retail spots is 27.9 per cent higher than last year, when lockdowns forced the closure of most high street shops, but it is 14 per cent below pre-pandemic levels in 2019."

When you take that 14 percent figure into context its actually a lot worse than it sounds for the highstreet - 14 percent would only be relevant if the highstreet had 100 percent of the shoppers, but they don't. The true percentage is much high when you take into consideration that the highstreet had probably 50 percent of the market so they have lost more like 28 percent of their revenue.

"Staycation boost for high street as footfall improves in August"

That's another headline I found..... The highstreet numbers were only boosted (boosted is over cooking it really) because nobody left the country.... Just wait until holidays are at full pelt (red list soon to be squashed and usa airports open up)....

"Footfall on UK high streets saw a small recovery in September, further narrowing the footfall gap between traffic pre-COVID-19 lockdowns and now as autumn closed in. 

Springboard's high street monitor showed volumes narrowed from 2019 to -17.4% from -18.6% in August."

" The month benefitted from the inclusion of August bank holiday, which occurred in the same week as the beginning of September, and which will have boosted high street footfall in particular with the popularity of daycations and staycations over the summer months"

"Whilst much of the decline in footfall from 2019 is accounted for by the loss of office workers and tourists in retail destinations due to the ongoing pandemic, Springboard said we must also recognise the accelerating impact of online on bricks and mortar retail that has been a feature of the past decade. "

RECOGNISE THE IMPACT OF THE ACCELERATING IMPACT OF ONLINE ON BRICKS AND MORTAR!!

ONLINE IS ACCELERATING.

Read the spreadsheet on that.

"Analysts have noted that e-commerce now accounts for more than one quarter of all retail sales in the UK. This number is expected to steadily increase in the years ahead, and would reach nearly one-third of all retail sales by 2024.

Online shopping has become a daily norm for millions of UK consumers. Which means, UK shoppers are well familiar with receiving (and returning) merchandise bought online. With such a high level of online shopping experience, UK consumers have great expectations when it comes to delivery speed, user experience and smooth returns procedures. To succeed in this thriving market, e-commerce companies set up in the UK must take these expectations into account."

Jeez i didn't realise it was that bad on the high street...

"Great Britain's high streets lost more than 17,500 chain store outlets in 2020. More than 17,500 chain store outlets disappeared from high streets, shopping centres and retail parks across Great Britain last year as the Covid-19
pandemic spurred the worst decline on record.14 Mar 2021"

"normalising high street footfall"

Loooooool got to be off your nut to even think that will happen.

And online is 9 percent up "Despite relaxation of COVID-19 restrictions in summer 2021, in-store retail sales remain subdued; the proportion of retail sales online rose to 28.1% in September 2021 from 27.9% in August, substantially higher than the 19.7% in February 2020 before the pandemic.’"

THE HIGHSTREET IS DECLING EVEN WITH THE "POST PANDEMIC RUSH TO THE HIGH STREET"THT WAS FORECAST

"Footfall across UK retail spots is 27.9 per cent higher than last year, when lockdowns forced the closure of most high street shops, but it is 14 per cent below pre-pandemic levels in 2019."

Under the scheme, key top executives will share a maximum payout of £150m if Bohoo’s market value can be increased by 66% from £4.54bn as measured on 16 June to £7.55bn by 17 June 2023. At the lower end of the scheme, if the market capitalisation reaches £6.29bn at the end of the three years, the payout pot will be £50m. To achieve the maximum target, Boohoo’s sales will need to increase at an 18% average growth rate over the next three years.

The share price would need to be between 500 and 550p off the top of the head....

Nutmeg - you're right with that at todays price! Then add add the other 11 brands on top....

Literally tweet after tweet.... The customers love having the ability to communicate directly with Umar....

https://twitter.com/destiny_joyce/status/1452196752195457025?s=20

https://twitter.com/louisezamojskyj/status/1452191708637278215?s=20

https://twitter.com/bethh_may/status/1452191911331172359?s=20

https://twitter.com/Suerte_L14/status/1452180625797091333?s=20

https://twitter.com/NatashaOwen5/status/1452166152973651971?s=20

https://twitter.com/saskiastella/status/1451955645930934274?s=20

https://youtu.be/0La3aBSjvGY

After a day of reading ped and kallus posts...... Lse at the end checking ing they're paid posters.....

Our expectation is for full year sales growth of 20% to 25%, implying sales growth of 20% to 30% in the second half of the financial year. As we have indicated above, we have seen a re-acceleration in the rate of growth compared to that achieved in the second quarter.

The Group expects to emerge from the pandemic in a far stronger position compared to two years ago. Reflecting significant investments in its platform, brands and people, the Group has:

https://youtu.be/A3DnzEwP-C4

99 percent of investors.

"yes, one of many possible reasons, but it wasn't a suggestion that they should buy. They may not be buying for any number of reasons - they may not be able to buy, they may not want to, they may not have the cash available, they may not be paying the SP much attention (this is my bet). As I've said before director buys, T-Rowe - MW - it's all just noise. At the end of the day, you either believe in the company or you do not. I'm in the former camp at the moment despite nursing heavy paper loses ."

Exactly that.... Soon enough people will realise just what that last 2 years have been about.... These acquisitions are huge.

Knowbodyyouknow you stated - "That they haven't may of course suggest that they know that the interim trading statement and/or March results will be just as bad if not worse." you are literally insinuating a reason why they haven't bought.

To which my response is - Do you know the cfo sold nearly all of his holding at 210p then watched the sp rise to over 400p? My point being if the man in charge of the number sells up most investors wouod say that's a bad sign yet the sp then wwnt onto over 400p.....

Overall point being directors buys or sells mean absolutely nothing.

In fact Mahmud and Carol have both sold shares in the 200s then watched the sp rise to over 400.

As I asked - do you think the directors sit there thinking "i a can't believe these idiots are selling under 200p"....I expect they do.

Knowbodyyouknow - do you know how silly it is judging what's going on by a director buying or selling??

Do you know the cfo sold nearly all of his holding at 210p then watched the sp rise to over 400p?

Did Mahmud sell his entire holding at 400p? No

Do you ever flip it on it's head and look from the Directors point of view?

You are sat there saying why aren't the directors buying and the directors are probably sat there saying why are these fools selling.

If people can't see the potential growth then don't buy - sod off somewhere else and stop posting.

As for pedro his sole aim is to scare the weak holders that frequent this board - he does not give a flying F if people lose money.

So there we have it....

No online tax.....

Boohoo and asos between them have bought up 80 percent of the highstreet clothing retailers but kallumama thinks there are people waiting to fill the shoe of those that just went bankrupt lol....

Forget it!! The highstreet is done... Game over...

"UPS have released latest earnings today beating market expectations, citing stronger than expected e-commerce demand."

And online is 9 percent up "Despite relaxation of COVID-19 restrictions in summer 2021, in-store retail sales remain subdued; the proportion of retail sales online rose to 28.1% in September 2021 from 27.9% in August, substantially higher than the 19.7% in February 2020 before the pandemic.’"

THE HIGHSTREET IS DECLING EVEN WITH THE "POST PANDEMIC RUSH TO THE HIGH STREET"THT WAS FORECAST

"Footfall across UK retail spots is 27.9 per cent higher than last year, when lockdowns forced the closure of most high street shops, but it is 14 per cent below pre-pandemic levels in 2019."

NO ONLINE TAX in Budget

Literally it keeps getting better and better..... Those with sense will make a lot of money in the next year or so in boohoo.

All about timing!

Here is the most up to date information end of - you know nothing more.

We do no shipping has dropped over 25 percent September alone.

Consumer demand has been improving through August, principally in the UK but also in key overseas markets such as Ireland and France, where there has been a re-acceleration in the rate of growth. This has again improved in September, where the rate of gross sales growth has increased compared to that achieved in the second quarter of the financial year.

Our expectation is for full year sales growth of 20% to 25%, implying sales growth of 20% to 30% in the second half of the financial year. As we have indicated above, we have seen a re-acceleration in the rate of growth compared to that achieved in the second quarter.

The Group expects to emerge from the pandemic in a far stronger position compared to two years ago. Reflecting significant investments in its platform, brands and people, the Group has:

We remain extremely confident in the Group's future growth prospects, and as short-term demand uncertainty and material cost headwinds as a result of the pandemic unwind, we believe that the Group continues to be capable of executing its strategy aimed at leading the fashion ecommerce market with medium term guidance of sales growth of 25% per annum and adjusted EBITDA margin of 10% remaining unchanged

Headlines from most recent rns....

Leading the fashion eCommerce market"

 

Record first half sales of £976 million and Investing for the Future

· Doubled market share in the UK and US over the last two years. Total group sales +73% since 1H20

· Significantly enhanced target addressable market, with up to 500 million potential customers in key markets

· Integration and relaunch of four new brands in the first half, including Debenhams marketplace

· Increased warehousing and distribution capacity, capable of supporting over £4 billion of net sales

· £85 million of Adjusted EBITDA, down 5% vs. exceptional levels of profitability last year, and up +40% since 1H20, despite £26 million of freight and logistics cost inflation

· Record capital expenditure of £172 million in H1, putting in place the platform for future growth

· Opening a new distribution centre in North America in 2023, significantly strengthening our proposition