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Koovs Share Discussion Threads
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|All will be revealed in the trading update next week. Will be interesting to see volumes & price action prior to this ; )|
|Rising FB & Instagram numbers are all well and good, the only number I'm ultimately concerned about is the SP, and that's certainly not rising along with them. What IS going on wit this co. that they keep sliding?|
|As Instagram numbers hit 356,000, Facebook followers approach 1.7 million on a linear trajectory. Not bad for a small niche online retailer in India.|
|Influential bloggers smashing it on Instagram for Koovs.|
|India is in the midst of a digital revolution and fashion is at the frontier of this change
Indias consumer is changing, spending more and spending it differently, and by 2020, online fashion purchases will quadruple, reaching $12 billion to $14 billion.
|Looks like KOOVS is heading into the 50's again|
|Last years end of financial year trading update was on Tuesday 5th April.It's only a trading update, the more detailed Finals will be in July as per the Financial calendar.Last years sales were £10 million. The first nine months showed £13.45 million (looking for £6.55 million in the final three months to reach £20 million & maintain 100% growth).Demonetisation hit sales for all online companies in November, December & January.Realistically looking at £19 million to £20 million.It will be amazing news if they report over 100% growth, but may have to settle for 90%'ish growth for year ending 2017 : )|
|When is the next TU, pls|
|Manisha Rana, Chief Marketing Officer of Koovs sounds really impressive in that video. She's only been with Koovs for a few months, but has a really impressive CVIn 2011, she joined Yahoo! as Digital Marketing Manager India and South Asia and worked for over two years before moving to Amazon as Senior Marketing Manager - Amazon.in and Kindle Devices. She took care of Online and Offline marketing campaigns including creative, media and analytics, conceptualization, Research, Execution, Plan Media, liaison with agencies for marketing communication campaigns.In 2015, she joined Magicbricks.com as Chief Marketing Officer for a brief period of 10 months.|
|Clever marketing from Koovs, tying up with Danish company Only & exclusively selling the Only Garfield range that has mostly now sold out.
Being endorsed by Bollywood superstars Alia Bhatt (13.9 million followers Instagram) & Neha Sharma (2.4 million followers Instagram)|
|Nice find ck- the 3 minute video is well worth watching. Explains why Koovs is becoming a disruptor in the online fashion market in India.|
|Article relating to Koovs
|New Delhi March 23:The number of online fashion shoppers in India will double from 55-60 million today to 130-135 million by 2020, and with a significant shift in the user profile. Mobile is going to be the single biggest driver for the growth of the fashion industry in India, both offline and online.Coming to the consumer of today, what we found at Facebook is that by 2020, 70% of all internet users in India will buy online, 76% of them would be digital shoppers, which means that may not buy online but will be digitally influenced, but 71% would be actual shoppers transacting online.So that is the first big data point. Second, while these shoppers buy online, the rate of growth of digital shoppers in India will be the highest when compared to any other market.If you look at developed nations like the US and the UK, they will be at 1% rate of growth in 2020, we in India will still be growing at 19.6% in 2020 and that too in a country where we only have 30% of the people connected to the Internet because there is that stark digital divide.Also, today mobile commerce as a percentage of e-commerce is the highest in India. We are at 42% in India today and the global average is 34% and this is predicted to go up to 88% by 2020. So 88% of all e-commerce transactions will happen through a mobile phone or a mobile commerce interface.. The fashion market in India is currently estimated at $70 billion. Online contributes to about 5% of the total at around $4 billion. The online fashion market is estimated to treble by 2020, to reach $12-$14 billion. This will translate to a significant 11%-12% share of the total fashion market. Also by 2020, nearly half the fashion buyers will be digitally influenced. Digital influence in fashion has grown more than 5x since 2013. 40%-50% of branded spends are already digitally influenced.http://www.livemint.com/Industry/IwXGP0G1whUbOR0b64OjTP/Online-fashion-shoppers-to-more-than-double-to-130-million-b.html|
|Unfortunately, all this 'good news' doesn't contain hard numbers.Well done to Jody Haskayne, who is keeping shareholders updated with non reg news.Demonetisation really hit e commerce companies hard in November & December. Koovs saw 3 month figures for October, November & December fall from 100% + growth to 80% odd. Although they decided for some strange reason to report for 9 months.I believe they had a tremendous January. If they had a very good Feb & March, then they could end the year on triple digit growth once more.Either way, demonetisation was hopefully just a blip. Peel Hunt would be in the process of meeting Koovs prior to the trading update. It will be interesting to hear what they have to say.At a push, I'm hoping for 100% growth, although it will be close!|
|Yep, i was thinking the same Maloney.
I guess until we get a trading statement, which HB said is in a few weeks i believe, we will stay around this level.
|With all this supposedly good news that keeps coming out. Why then the share price keeps on falling. isnt it strange. when are we going to get our 85p/share back!!!!!!!!????|
|As affluence rises, consumption in India set to hit $4 tn mark by 2025: BCG
In the past three years, the number of online buyers have increased sevenfold to 80-90 million. Digitally influenced spending, which is currently about $45- 50 billion a year, is expected to increase more than 10-fold to $500-550 billion. E-commerce is expected to account for 30-35% of all retail sales by 2025.
|Website's fit for a Princess: Duchess of Cambridge and Pippa Middleton inspire a collection at Koovs
By Sabah Meddings For The Daily Mail
23:33, 21 Mar 2017
|Vodafone will now have 400 million customers in India.
That's six times the population of Britain!
India population- 1.3 Billion, 70% now have a phone, half of which has internet access.
|Another designer to the stars collaborating with Koovs.
This on the back of a huge advertising campaign to kick off imminently.
Not easy to buy a decent quantity of shares with my two brokers, but willing to take shed loads off me with a yearly trading update due in a couple of weeks.|
|I think we are getting confused it's neither Kate or Pippa, it's Kate Middletons designer who has collaborated with Koovs. See paragraph 2 of the RNS.All in all another good push towards being noticed giving the name as Princess Label as it's not a lie as the designer does design for Kate who is a well known princess world wide.Good times ahead.|