https://www.standard.co.uk/business/boohoo-sweatshop-leicester-a4501596.html
See this link for more information: https://www.trackalytics.com/twitter/profile/boohoo/
Customer base
boohoo’s biggest customer base is found in its homeland, as 56.93% of its total revenue comes from the shopping habits of Brits, generating £488.2 million in 2018/19. Across the Atlantic in the US, shoppers spent £166.7 million on products by the fashion company, which amounts to 19.45% of its revenue. However, it is not just Brits and Americans who enjoy boohoo’s products, as roughly a quarter of its total revenue (£202.5 million) comes from the rest of the world.
Customer base
Table
UK
£488,000,000.00
56.93%
US
£166,700,000.00
19.45%
Rest of the World
£202,500,000.00
23.62%
Source: https://www.finder.com/uk/boohoo-statistics
2012/13
1.5 million
2013/14
2.3 million
2014/15
3 million
2015/16
4 million
2016/17
5.2 million
2017/18
6.4 million
2018/19
7 million
Source: https://www.finder.com/uk/boohoo-statistics
I am providing you with source for the information:
Here's the full article and source: https://www.lse.co.uk/news/BOO/uk-broker-ratings-summary-deutsche-bank-raises-national-grid-to-buy-ztr5zvv2l3gkydw.html
UK BROKER RATINGS SUMMARY: Deutsche Bank Raises National Grid To Buy
Fri, 17th Jul 2020 09:38
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:
FTSE 100
DEUTSCHE BANK RAISES NATIONAL GRID TO 'BUY' ('HOLD') - PRICE TARGET 940 (910) PENCE
SOCGEN CUTS NATIONAL GRID PRICE TARGET TO 1050 (1200) PENCE - 'BUY'
RBC RAISES FRESNILLO PRICE TARGET TO 1100 (860) PENCE - 'SECTOR PERFORM'
GOLDMAN SACHS RAISES RENTOKIL INITIAL PRICE TARGET TO 570 (500) PENCE - 'BUY'
CITIGROUP CUTS ROLLS-ROYCE PRICE TARGET TO 564 (960) PENCE - 'BUY'
DEUTSCHE BANK RAISES GVC HOLDINGS PRICE TARGET TO 1060 (1040) PENCE - 'BUY'
DEUTSCHE BANK RAISES SSE PRICE TARGET TO 1270 (1100) PENCE - 'HOLD'
DEUTSCHE BANK RAISES EXPERIAN PRICE TARGET TO 2550 (1950) PENCE - 'HOLD'
FTSE 250
RBC CUTS FIRSTGROUP PRICE TARGET TO 50 (65) PENCE - 'SECTOR PERFORM'
RBC RAISES HOCHSCHILD MINING TARGET TO 235 (205) PENCE - 'SECTOR PERFORM'
RBC CUTS GO-AHEAD GROUP PRICE TARGET TO 950 (1230) PENCE - 'SECTOR PERFORM'
JPMORGAN RAISES DUNELM GROUP PRICE TARGET TO 875 (785) PENCE - 'NEUTRAL'
GOLDMAN RAISES ASHMORE GROUP PRICE TARGET TO 435 (425) PENCE - 'BUY'
GOLDMAN CUTS MICRO FOCUS PRICE TARGET TO 345 (400) PENCE - 'NEUTRAL'
OTHER MAIN MARKET AND AIM
JEFFERIES CUTS DFS FURNITURE PRICE TARGET TO 230 (250) PENCE - 'BUY'
JEFFERIES RAISES SUMO GROUP PRICE TARGET TO 180 (153) PENCE - 'HOLD'
CREDIT SUISSE CUTS ROBERT WALTERS PRICE TARGET TO 350 (365) PENCE - 'UNDERPERFORM'
CREDIT SUISSE CUTS ASOS PRICE TARGET TO 4100 (4200) PENCE - 'OUTPERFORM'
CREDIT SUISSE RAISES BOOHOO PRICE TARGET TO 440 (250) PENCE - 'NEUTRAL'
Copyright 2020 Alliance News Limited. All Rights Reserved.
Here's the full article and source: https://www.lse.co.uk/news/BOO/uk-broker-ratings-summary-deutsche-bank-raises-national-grid-to-buy-ztr5zvv2l3gkydw.html
UK BROKER RATINGS SUMMARY: Deutsche Bank Raises National Grid To Buy
Fri, 17th Jul 2020 09:38
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:
FTSE 100
DEUTSCHE BANK RAISES NATIONAL GRID TO 'BUY' ('HOLD') - PRICE TARGET 940 (910) PENCE
SOCGEN CUTS NATIONAL GRID PRICE TARGET TO 1050 (1200) PENCE - 'BUY'
RBC RAISES FRESNILLO PRICE TARGET TO 1100 (860) PENCE - 'SECTOR PERFORM'
GOLDMAN SACHS RAISES RENTOKIL INITIAL PRICE TARGET TO 570 (500) PENCE - 'BUY'
CITIGROUP CUTS ROLLS-ROYCE PRICE TARGET TO 564 (960) PENCE - 'BUY'
DEUTSCHE BANK RAISES GVC HOLDINGS PRICE TARGET TO 1060 (1040) PENCE - 'BUY'
DEUTSCHE BANK RAISES SSE PRICE TARGET TO 1270 (1100) PENCE - 'HOLD'
DEUTSCHE BANK RAISES EXPERIAN PRICE TARGET TO 2550 (1950) PENCE - 'HOLD'
FTSE 250
RBC CUTS FIRSTGROUP PRICE TARGET TO 50 (65) PENCE - 'SECTOR PERFORM'
RBC RAISES HOCHSCHILD MINING TARGET TO 235 (205) PENCE - 'SECTOR PERFORM'
RBC CUTS GO-AHEAD GROUP PRICE TARGET TO 950 (1230) PENCE - 'SECTOR PERFORM'
JPMORGAN RAISES DUNELM GROUP PRICE TARGET TO 875 (785) PENCE - 'NEUTRAL'
GOLDMAN RAISES ASHMORE GROUP PRICE TARGET TO 435 (425) PENCE - 'BUY'
GOLDMAN CUTS MICRO FOCUS PRICE TARGET TO 345 (400) PENCE - 'NEUTRAL'
OTHER MAIN MARKET AND AIM
JEFFERIES CUTS DFS FURNITURE PRICE TARGET TO 230 (250) PENCE - 'BUY'
JEFFERIES RAISES SUMO GROUP PRICE TARGET TO 180 (153) PENCE - 'HOLD'
CREDIT SUISSE CUTS ROBERT WALTERS PRICE TARGET TO 350 (365) PENCE - 'UNDERPERFORM'
CREDIT SUISSE CUTS ASOS PRICE TARGET TO 4100 (4200) PENCE - 'OUTPERFORM'
CREDIT SUISSE RAISES BOOHOO PRICE TARGET TO 440 (250) PENCE - 'NEUTRAL'
Copyright 2020 Alliance News Limited. All Rights Reserved.
It clearly states "raises boohoo price target to 440"....
Click 'Boohoo Share News' icon above then click and scroll to bottom:
click on 'Boohoo Share News', see for your self
According to UK BROKER RATINGS SUMMARY: Deutsche Bank Raises National Grid To Buy
Fri, 17th Jul 2020 09:38
CREDIT SUISSE RAISES BOOHOO PRICE TARGET TO 440 (250) PENCE - 'NEUTRAL'
Its an exciting a growth stock, so I'm holding, lots of finance and no debt (that I know of). Future looks positive.
Click 'Boohoo Share News' icon above then click and scroll to bottom:
According to UK BROKER RATINGS SUMMARY: Deutsche Bank Raises National Grid To Buy
Fri, 17th Jul 2020 09:38
CREDIT SUISSE RAISES BOOHOO PRICE TARGET TO 440 (250) PENCE - 'NEUTRAL'
Click 'Boohoo Share News' icon above then click and scroll to bottom:
According to UK BROKER RATINGS SUMMARY: Deutsche Bank Raises National Grid To Buy
Fri, 17th Jul 2020 09:38
CREDIT SUISSE RAISES BOOHOO PRICE TARGET TO 440 (250) PENCE - 'NEUTRAL'
price is a rise not cut
in the post it is stated as a cutwhich is misleading
Not intended to be misleading - Too much copy and paste. Its a historical reminder of growth and success. Plus - source is provided.
Today it said: "The group continues to appraise opportunities and will update shareholders in due course. We finished the quarter with in excess of £350 million of net cash on our balance sheet."
Chief executive John Lyttle added: "Whilst there is a period of uncertainty within the markets in which we operate, the group is well-positioned to continue making progress towards leading the fashion e-commerce market globally."
Trading had been "very strong" in the first quarter of its year, leading the group to predict "another year of strong profitable growth, and ahead of market expectations". Sales in the three months to 31 May leaped from £254 million a year ago to £367.8 million as shoppers flocked online during the lockdown. Of that 45% leap, UK sales were up 30% to £183 million, while its second biggest market, the US, was up 79% to £92 million.
Conditions would be highly competitive amid consumer uncertainty and big promotions in its markets. Despite that, it forecasts 25% revenue growth at profit margins increased from 9.5% to 10% as it pushes more sales through its efficient business platform.
Boohoo will continue to invest heavily in its systems, with capital expenditure of £60 million to £80 million in the year, which runs to 28 February 2021.
In a note to investors titled "Smashing expectations", stockbroker Jefferies praised the new trading figures and said: "We see the acquisition of Oasis and Warehouse as a low risk and likely high returning opportunity, one that provides further evidence of the long-term potential in boohoo's multi-brand platform."
Analyst Andrew Wade and Daniela Almeida wrote that Boohoo's figures for the first quarter of the year had been well ahead of the City's forecasts, in part because of restrained language from management at the last set of results in April.
"The result clearly demonstrates the virtues of boohoo's nimble model - leveraging its flexible supply chain, and rapidly evolving both marketing content and product ranges to drive superior growth."
[Source] https://www.standard.co.uk/business/boohoo-reports-very-strong-trading-and-buys-oasis-and-warehouse-a4471096.html
Boohoo today added further strings to its teen fashion bow by snapping up Oasis and Warehouse for £5.3 million as it upgraded its profit forecasts after a stunning 45% surge in sales during the covid crisis.
Read full article...
https://www.standard.co.uk/business/boohoo-reports-very-strong-trading-and-buys-oasis-and-warehouse-a4471096.html