RE: this is quite concerning04 Jul 2022 12:41
But the final paras can be read as positives;
The model is at a possible inflexion point with a potential headwind from bigger brands going D2C or as a beneficiary of fragmenting demand empowering premium multi-brand models such as JD," CS analyst Simon Irwin said, reiterating his 'outperform' rating and 200p price target.
“So an extended period before a new CEO lays out a new strategy is unwelcome, but we see few signs of execution slipping in the meantime.