RE: Rns T ROWE20 Oct 2021 16:41
"Kallumama
Posts: 1,953
Price: 199.35
No Opinion
RE: Rns T ROWEToday 14:38
" With bricks and mortar retail demise more market share in future ( note Boo has doubled market share in past 2 years)."
Doubled market share during a pandemic - which is one in a hundred year event, when shops were ordered to close by the government.
"This one in a hundred year event does not seem to be going away anytime soon, hope Primark does not suffer further (lockdown looming)."
This time last year we were all working from home, but today I am in office and we have 25% of the staff present. If this is not progress then what is? Primark is valued at a grand zero in a sum of parts valuation of ABF, so any sales/profit is just a bonus and my bet is that things are only going to get better from here for Primark."
Yup thats correct kallu - Boohoo DOUBLED its market share during a pandemic when we were all locked up at home!! That's an amazing feat!!!
Asos in the same time gained 22 pc in revenue (boohoo 100 percent)
And primark lost a fortune..... Primark is ran by people with no vision.... No wonder the ceo of primark left and came to boohoo!!