Member Info for southcoastbather

Look at primark - OUCHHH!!

Primark half-year sales decline by 41% to £2.23bn, while profit plunged 90% to £43m

https://www.retailgazette.co.uk/blog/2021/04/primark-profits-plunge-90-as-ab-foods-repays-121m-furlough-cash/

https://www.google.com/amp/s/www.bbc.co.uk/news/business-55661741.amp

January 2021 primark says it wont go online BECAUSE IT'S PRICES WILL HAVE TO RISE!

Customers have said they would welcome the retailer setting up an online shop.

But Primark, which saw a 30% sales fall to £2bn in the 16 weeks to 2 January, says the cost would mean price rises.

It contrasts with online only fashion retailers such as Asos and Boohoo, whose sales rose by around 40% in the last four months of 2020.

The US apparel retailer Gap has been struggling in Europe for some years but the pandemic has finished its high street presence. While it continues as an online operation, its closure of its 81 stores in Britain and Ireland is another blow to the battered city centres and shopping malls.

https://www.google.com/amp/s/www.independent.co.uk/voices/gap-closing-uk-stores-high-street-b1876126.html%3famp

They're falling like domino's.... The problem is that with one shop closing it means less customers for other shops as the whole "shopping package" offered by city centres is getting smaller and smaller therefor less people bother to make their way into town..... They sit at home with a coffee and order online instead....

RE: BOOHOO SMASHING THE COMPETITION.......10 Oct 2021 20:16

AS I SAID EARLIER.... THE FACTS ARE THERE.

BOOHOO SMASHING THE COMPETITION.......Today 16:18
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/

"Clear plan in place to deliver £7bn of annual revenue within the next 3 to 4 years"

Asos and Boo between them are going to clear up the market!!

Wait until after xmas... They won't be able to sell 60p lipsticks for 10p in store!!

Imagine being so stupid to put the last 3 years growth of Boohoo down to no competition and Covid....

How long has shein been around?? 8 to 10 year's?!

How long has Boohoo been growing hugely?! 8 to 10 year's!! Todays revenues are 30 times what they were 8 year's ago.... Phenomenal!

"Millions are facing fuel proverty, I am sure they can do with saving 80% on the cost of all the items I mentioned vs Debenhams."

The absolute irony of the above statement is hilarious and he/she doesn't even see it.... People won't bother to fuel the car to go to town shopping.. They will simply stay at home and shop online!!

The footfall shopping centres are getting right now is their last little "surge" - its 18 months of lockdowns kicking in making the odd few want to pop to the shops and once that wears off it's game over. Sitting ducks.

Kallu -here are the current shipping times in the UK for Shien product. You’re talking nonsense. What is your agenda here? You’re spreading misinformation

https://www.shein.co.uk/Shipping-Info-a-280.html

Exactly!!! 2 weeks delivery estimate from the company themselves!!

All that user kallu does is lie and lie! One misleading post after another and sadly lse allow it and most posters here don't realise all the lies and then ask him/her for an opinion on boo.

Some people can't see the wood for the trees.

It's as though primark is the only shop lol... They are bargain basement bland clothing and that's it - my mrs bought me a pair of shoes for holiday from there once - I gave them away I just couldn't wear them.

Boohoo and pretty little thing have a niche market - very desirable with a huge audience..

"Southcoast posted earlier about primarks point blank refusal to go online because of the affect on margin and resulting increased prices to consumer."

Primark are just doing a "nokia".... Refusing to see what's happening in front of their eyes.

Remember when everyone had a nokia phone?? Then remember samsung brought out "clamshell" phones and took the market by storm.. Nokia stubbornly refused to change and completely lost out... They're pretty much a nobody in the phone market now.

Same will happen with any store that doesn't sell online in the near future... Most have left it to late to enter the online market and the costs involved for them to try and take sone market share would be to much.

AS I SAID EARLIER.... THE FACTS ARE THERE.

BOOHOO SMASHING THE COMPETITION.......Today 16:18
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/

"Shein delivery time or How long does it take for Shein order to ship? "
Have you read the tweet I posted?"

NOTICE THE WORD" WE".... those are sheins own words.

"Shein delivery time or How long does it take for Shein order to ship? When you place an order with SHEIN we will have to process the order first. Processing usually takes 1-3 business days. Shipping time will be 6-8 working days by standard shipping and 2-4 working days by express shipping."

"Maxage, there will not be any more lockdowns now, Pandemic was a once in a 100 year event"

Lol as if lockdowns have killed the high street.... They were already long time dead.... Lockdowns just put them out of their misery.

"All this growth"

The only 3 truthful words posted by a certain user.... At least they admit the growth is there lol

Shein delivery time or How long does it take for Shein order to ship? When you place an order with SHEIN we will have to process the order first. Processing usually takes 1-3 business days. Shipping time will be 6-8 working days by standard shipping and 2-4 working days by express shipping.

There's another elephant in the room.... Shein shipping times.... Up to 3 days just to process then 7 to 10 days shipping time.... Nobody seems to mention that.

I suspect there will be another elephant with shein.... People think BOO were paying cheap labour.... Shein will be using staff working in horrendous conditions.

Notice I stated...

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

Market share is determined by revenue and not gross/net profit....

Investing101 - 500p share price has just been delayed that's all.... It will happen.

Feel free to point out where?

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/

Stock market realities.....

https://youtu.be/hAQA_29Htts