Member Info for southcoastbather

Morgan Stanley said Shein's current price advantage 'might not be sustainable should tax policies change' in China, Europe or the US. 

French bank Credit Suisse said in a recent report that a reaction by Western governments 'to level up the playing field' with restrictions on direct imports of cheap Chinese goods could impede the company's progress. 

Boohoo aren't just building an amazing company story..... they're also helping to build a better industry....

"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.’"

All of us here know online is going to grow year on year..... WE ALL KNOW LOL

Yup cheaper and easier regulations.... BUT there could be a steadier and higher valuation on main markets due to some funds not holding aim shares etc

They may decide at some point to leave the aim market and head onto the main market..... With 50 percent of the revenue in the usa they could even dual list.... Who knows.

Im not sure it will - feels like it need more time doing its thing consolidating.... Unless an rns comes obviously

Online retail in the UK

In the retail sector alone, online sales constituted 19.4 percent of all retail in 2019, and is forecast to reach higher levels in the next years due likely to the impact of the coronavirus pandemic. ... Clothing and sports goods were especially popular purchases made online.29 Sept 2021

LONDON, Oct 22 (Reuters) - British retail sales dropped by 0.2% September, official figures showed on Friday, adding to signs of weakness in the recovery and bucking economists' expectations in a Reuters poll for a monthly rise of 0.5%.

https://www.reuters.com/business/retail-consumer/uk-retail-sales-fall-unexpectedly-september-2021-10-22/

They say you can't argue with stupid and it's true!!

When someone think 50k people isolating per day is good for high street footfall you have to laugh.....

Then pinning their hopes on on story saying the booster jab will work..... The first 2 haven't stopped the spread but a third one will....???

Why let a good story get in the way of the reality... 52,000 cases per day and rising.... Even government are forecasting 100,000 cases a day by xmas..... Open your eyes and stop looking at 60p lipsticks....

Primark on the other hand.... Lol

https://www.sharesmagazine.co.uk/news/shares/boohoo-shares-hit-new-highs-as-revenue-rockets-in-lockdown

COVID-19: Primark reveals £430m lockdown sales hit as it refuses to go online

https://www.sharesmagazine.co.uk/news/shares/boohoo-shares-hit-new-highs-as-revenue-rockets-in-lockdown

https://internetretailing.net/industry/industry/boohoo-sales-rocket-as-shoppers-undeterred-by-supply-chain-allegations-22063

https://www.google.com/amp/s/www.bbc.co.uk/news/business-52380948.amp

Dan - " closed and conserving cash" are you nuts?? Let me tell you that through the pandemic companies were not closed and conserving cash.... Closed and burning cash more like!!

Pedro and kallumama have been destroying this board for months with all their multiple id's..... Well not now im invested.... Not on my watch....

The bullys are now crying bully.... Hilarious!!

ALL THERE..... THE TRUTH ..... JUST IN CASE PEOPLE HAVE FORGOTTEN THE GROWTH....

Dont forget boys and girls...

All air travel getting back to normal levels in the coming weeks.... Headwinds are soon to become tail winds....

Just for reference in case anyone is interested....

Boo are smashing the market up and beating the competition....

Take a look below

Just taking a look at BOO vs ASOS.... the rate at which BOO is taking market share is phenomenal....

Take a look at the revenue growth for BOO...

2012 - 67 million
2013 - 109 million
2014 - 139 million
2015 - 195 million
2016 - 294 million
2017 - 579 million
2018 - 856 million
2019 - 1.2 billion
2020 - 1.75 billion
2021 - 1st half revenue 975 million ( I can see full year being 30 percent more than 2020 so 2.275 billion)

The only short term issue is the shipping costs which is world wide in every industry BUT with air travel returning to normal this cost will also normalise.

If you look at the revenue growth of BOO in the most simple way possible from 2012 to today it has 30 x its revenue!! YES 30 x !!

Lets not forget BOO carries a margin of over 9.5 percent. (ASOS under 5 percent)

Anyone that thinks growth is about to stunt is completely out of touch with reality or they just cant read - Just wait until the acquisitions really start to kick in now we are in the post Covid era!!

The current warehousing and logistics are good for 4 billion of revenue as well so capex will drop back nicely for a few years.

Just take a look at this chart for revenue growth !! - https://www.statista.com/statistics/794862/boohoo-plc-group-revenue-worldwide/

Now compare the above with ASOS - from 2012 to today its revenue has gone from 570 million to 3.2 billion which means ASOS has increased its revenue x 5.7

https://www.statista.com/statistics/485103/asos-revenue-worldwide/

Boohoo and plt are solid brands that people aspire to wear....

Just looks what's in the boo stable -

Boohoo
Boohoo man
Karen millen
Nasty gal
Pretty little thing
Oasis
Coast
Miss pap
Warehouse
Burton
Wallis
Dorothy perkins
Debenhams

That's some serious brands right there.

Boohoo current trading.....

The company is currently ahead of the 20 percent growth achieved in q2....

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%

Wow prophet and pedro working together now lol.....

Deep.... There are posters here that want everyone to believe -

A buy is bad news...
A sell is bad news...
Record revenues is bad news...
Basically everything to do with boo is bad news...

Basically do anything they can to try and make people sell and not buy.... Its disgusting behaviour

I did wonder what an iceberg had to do with it lol..... Im working off the invesco 28 million buy and the 10 million that popped up today.... Anyone trying put a negative spin on large buys has an agenda imo....

Remember a certain poster trying to say the invesco buy wasn't good news....

Clearly big buys being worked in the background.... We already know of 28 million quid and 10 million quid buys....