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Tradey hopping up.and down on the report button again , trying to silence the ASOS sell rating being both companies practically tied at the tip
It’s time to hold ‘fast fashion’ to account | Morning Star
https://morningstaronline.co.uk/article/it%E2%80%99s-time-hold-%E2%80%98fast-fashion%E2%80%99-account
Another sell rating for Asc as the slide resumes after the fanfare.
These 2 always end up following suit folks.
Your a card South coast.
Certainly one who has got this one spot on 🤦♂️
He's hundreds of these posts trying to hang on as it slowly went off a cliff.
Daily reassuring everyone it's about to rocket.
Doh!
The Boohoorider that is !
Knock em dead eh South coast the biggest rampster of the lot.!!history of dross troll rampy calls from yourself reg boo...
Any minute now folks !!!
southcoastbather
Posts: 5,732
Price: 174.00
No Opinion
Price action26 Nov 2021 11:22
Don't normally comment on short term price action but it feels like it's been pushed as low as it can go....
Nobody has nade a profit or a loss until they close their position's....
There is a fundamental re-rate coming very soon.... Months of drops will be recouped in days.....
The detsil is in the comments level5.
Shein is just obliterating them all im afraid.
Way ahead of the game.
Almost coined a "category killer" folks.
Keep ramping lads 👍
Tradey still rambling on about Shein again as though it's detached from boohoo reg fast fashion.
Cue Bfd🤔
Shein seemingly has its very own troll on here
Maybe it's Bfd JeremyP ?
All these experts eh ,that have made a mint from Boohoo .
All submerged 🤫
Seems not CWWX,as Southcoast has just mailed in 🤦♂️.
Trolls lol
From the biggest flag waver double glazing salesman on here that is trading4good who to the letter has got this wrong all the way down.
These properganda rags eh?shorters placed them I tell ya!!
Makes me giggle "market jitters" across the pond now cited.
Ermmmmm the Dow is at near all time high and this is at a near all-time low.🤦♂️
Couldn't make it up on here reg the posting comedy via Laurel and Hardy trying to push a piano up the stairs daily.
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a woman walks past an advertisement for Shein in London
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Retail industry
Fast fashion retailer Shein doubles profits as it awaits IPO approval
Company founded in China and promoted on social media is thought to be considering London listing
Sarah Butler
Mon 1 Apr 2024 10.49 EDT
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Shein, the online fast fashion retailer founded in China, has more than doubled its profits to more than $2bn (£1.6bn) as it awaits approval for a stock market listing in New York or London.
The company, which is growing rapidly around the world by using social media to promote its goods, recorded sales of about $45bn last year, according to a report in the Financial Times based on information from sources close to the company.
Shein, which has moved its headquarters to Singapore, is among the most profitable fashion companies in the world, the figures suggest, making more than the Swedish fashion group H&M and the UK’s Primark and Next. However, profits at Inditex, the Spanish owner of Zara, Bershka and Massimo Dutti, remain higher at €6.9bn (£5.9bn) last year.
The UK chancellor, Jeremy Hunt, reportedly held talks with the Shein boss, Donald Tang, in February to try to persuade him to float the company on the London Stock Exchange. The company is thought to be considering a London listing because it believes that the US Securities and Exchange Commission is unlikely to approve its initial public offering (IPO). If it were to go ahead, it would be one of London’s biggest ever corporate listings, valued at up to $90bn.
The rapid rise of Shein, which bought the Missguided online brand from Mike Ashley’s Frasers Group last year after recording sales of £1.1bn in 2022 for its UK entity, has piled pressure on UK online fashion specialists including Asos and Boohoo. The new competitor is gaining ground just as the UK online groups grapple with a squeeze in the market after the pandemic boom.
Shein partly benefits from sending goods directly to shoppers, including to the UK and US, from China so they attract fewer taxes. The tactic has proved controversial, prompting calls for a change in tax rules.
Founded by the entrepreneur Chris Xu, the company continues to run most of its operations from China but sells all its goods outside the country. It reached a valuation of $100bn in an April 2022 fundraising round, making it the third most valuable startup in the world.
By May last year the company’s value had dropped to just over $60bn, but Shein has reportedly told investors it is hoping for a valuation of as much as $90bn if it goes ahead with a public listing. Shein declined to comment.
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No wonder this is in the doghouse.
Shein smashing it im afraid Tradey .
Gaslight it away all you want.
Fast fashion firm Shein more than doubles its profits as it eyes a blockbuster listing
https://www.thisismoney.co.uk/money/markets/article-13257649/Fast-fashion-firm-Shein-doubles-profits-eyes-blockbuster-listing.html
Kitchen sink investing 101
TradeyP still at it posting through the roof all day again.
A sure sign of an investor heavily up in profit here folks.
Chartist eh
Another manipulated up day (cough)
Tradey will be on here all day again no doubt.
Anybody need new Windows?Tripe glazed!
Greewashed cleared and all.👌
Tradey giving running commentary again
You'd honestly think this was out of the doghouse.
Gets all excited at the slightest of lifts as though the 90% off the cliff never occurred.
Bizarre indeed as the average must be multiple bags away
Smart " Tiger "👍
South coast unfortunately stuck in deep here like the other ramping folk
"It's all Sheins fault lol"
"They told me to buy Boohoo shares"
Give it a rest 🤦♂️