RE: Info on the factory11 Sep 2020 17:10
If they say they are going to do it then knowing Boohoo they will. They have 250million in cash so they certainly have the money. They said the state of the art warehouse was going to open in Manchester amd it did. They embrase technology. The way foeward is tech. They know it an the world knows it. Also, these factories dont open over night, any one in the industry knows they will need surveyors, planners, engineers, sourcing machiner, electrics etc. But I am confident that given their cash position and the way Boohoo is as a company, we shall see the factory. Once work starts, the price will only go up from then on. You cant get faster fashion from a human compared to a machine. Machines today are altra sophisticated and automation is the future. Global population is going up and after EU exit we will be able to trade with all the world, Britain can become a centre for fashion, and supply the world at rapid rates and cheap costs. In my opinion, once they have one site up and running then more will follow. Long term hold is the key here. Good luck all