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https://www.fool.co.uk/investing/2020/07/20/boohoo-share-price-two-things-you-should-know-right-now/
https://www.change.org/p/boohoo-shut-down-boohoo-and-it-s-other-companies
USA has mass unemployment, so does UK. As does the rest of the world. In these times, people have less money to spend and search for cheaper alternatives such as Boohoo, especially when the clothing is really cool. Shoppers have no choice.
This is the state of unemployment now.
Nearly 500 people have applied for just two jobs at a London pub, as research showed job listings plummeting in July compared to last year.
https://www.standard.co.uk/news/uk/nearly-500-people-apply-two-pub-jobs-alexandra-wimbledon-a4502711.html
[Fake news refuted by Boohoo] Boohoo to move 40% of production overseas after Leicester scandal City broker claims
Boohoo today fiercely refuted Bor's claims, saying it was determined to stick with its UK supplier base and work with them to improve conditions. "We remain firmly committed to UK manufacturing and enforcing the highest standards of ethics, compliance and transparency for the benefit of all garment workers," a spokesman said.
https://www.standard.co.uk/business/boohoo-sweatshop-leicester-a4501596.html
https://news.sky.com/story/coronavirus-oxford-vaccine-could-provide-double-protection-report-12029406
Coronavirus: Oxford vaccine could provide 'double protection' - report
The UK is working with a number of companies in UK and other companies. So a broad effort is being made.
Coronavirus: Oxford vaccine could provide 'double protection' - report
The UK is working with a number of companies in UK and other companies. So a broad effort is being made.
Positive news. Oxford vaccine could provide 'double protection' - report
[Fake news refuted by Boohoo] Boohoo to move 40% of production overseas after Leicester scandal City broker claims
https://www.standard.co.uk/business/boohoo-sweatshop-leicester-a4501596.html
Boohoo is growing at a pace faster than any of the other fashion companies and working with government to ensure fair ethical trade. This is the UK and we are ethical people, we support this and Boohoos efforts.
Just watching Sky News M&S under press - 950 jobs losses, less competition. Ian king says was in trouble prior to lock-down. https://www.youtube.com/watch?v=9Auq9mYxFEEYou can scroll back through the news and watch Ian King - he is good
Official companies house data MR JALALUDIN ABDULLAH KAMANI has not been with Boohoo for 3 years he Resigned 03/04/17
Source: https://beta.companieshouse.gov.uk/company/05723154/officers
As I understand it they try to make the share price fall to a point where is triggers a bunch of stop-losses. This then creates a massive sell off and the price plummets. In my opinion from the looks of things its a complex operation in which they get analysts, papers and news to broadcast fake news to cause mass panic and sell offs. This is bad for us as investors who want to see the price go up. When all the financials are positive and growth forecast it will go up.
Boohoo urges Priti Patel to license garment factories
https://www.ft.com/content/189f073e-c73c-4cb7-8757-f4741e44ec9a
Boohoo urges Priti Patel to license garment factories
https://www.ft.com/content/189f073e-c73c-4cb7-8757-f4741e44ec9a
350 and beyond. When you read this you will see what I mean: Shortly before it was engulfed in allegations about working conditions and pay at a packing factory in Leicester, Boohoo bought a disused Vauxhall dealership in the city’s northeastern corner.
The online fast-fashion retailer, run by former market trader Mahmud Kamani, planned to build a state-of-the-art factory at the site, creating a manufacturing “village” that would set the standard for the city’s textiles industry, which supplies 40% of the products Boohoo sells.
The scheme was overtaken by events. A fortnight ago, The Sunday Times revealed that an undercover reporter was offered £3.50 an hour — the minimum wage is £8.72 — to pack clothes for Boohoo’s Nasty Gal brand at a site run by a supplier in Leicester.
The report, which followed years of claims and
https://www.thetimes.co.uk/article/boohoo-hopes-to-dry-its-eyes-with-state-of-the-art-fashion-factory-9nrtnb8sr
Leicester has one of the highest unemployment rates in UK so this will be a blessing: https://www.thetimes.co.uk/article/boohoo-hopes-to-dry-its-eyes-with-state-of-the-art-fashion-factory-9nrtnb8sr
Hope the Councilors see that this kind of contribution is much needed. Create jobs building it and then only to create jobs working it.