maybe see 350p's again this month
time to sell / short it |
happy to be shorting this from 386p now
will rebuy at 370p |
shut up loser
when will you finally get a call right on a share |
Miss Ping Pong has got a stuck ball |
EU set to crack down on Asian online retailers Temu and Shein |
https://www.drapersonline.com/news/asos-dune-london-superdry-benefit-from-strong-black-friday |
Asos, Dune London, Superdry benefit from ?strong? Black FridayBY SABINA WESTON 2 DECEMBER 2024This year's Black Friday saw stronger demand and more full-price sales, leading UK and Irish retailers told Drapers. |
Ms Ping Pong with a stuck ball is ready for the share price to hammer up. |
SUPERDRY are going be a big winner
time to buy in |
https://www.drapersonline.com/news/asos-dune-london-superdry-benefit-from-strong-black-friday |
Asos, Dune London, Superdry benefit from ?strong? Black FridayBY SABINA WESTON 2 DECEMBER 2024This year's Black Friday saw stronger demand and more full-price sales, leading UK and Irish retailers told Drapers. |
The latest data released today by the British Retail Consortium also backs up exactly what BDO pointed out.
"Low consumer confidence and rising energy bills have clearly dented consumer spending. Spending on fashion was particularly weak as households delayed purchases of new winter clothing, while health spending was boosted by the season’s arrival of coughs and colds".
"Retailers will be hoping that seasonal spending is delayed not diminished and that customers get spending in the remaining weeks running up to Christmas. If not, retailers will be feeling the squeeze from both sides as reduced revenues are met with huge additional costs next year." |
Accountancy firm BDO has reported that online retailers and high street retailers have suffered their worst sales decline in nearly four years.
Fashion retailers took the biggest hit, with sales DOWN 8%.
That's a good enough reason, to AVOID ASOS shares, for starters !! |
still a loser
bullish at £20 and bullish at £3.60
what a loser you are |
Fun fact same fake news you are very sad.
Share price hammering up.. |
Asos, Dune London, Superdry benefit from ?strong? Black FridayBY SABINA WESTON 2 DECEMBER 2024This year's Black Friday saw stronger demand and more full-price sales, leading UK and Irish retailers told Drapers. |
 ASOS loses money - SHEIN makes money !!
===================================
UK sales at SHEIN, the Chinese-founded online retailer on track for a bumper IPO on the London Stock Exchange, passed £1.5bn last year, the company has revealed.
The division generated a revenue of £1.55 Billion for 2023, up from the £1.12bn it achieved in 2022.
SHEIN also posted an annual profit of £18.7m, a significant rise from the £9.8m it made in the prior 12 months.
In a statement, the UK arm said a “milestoneR21; for the year was setting up a UK base in Manchester, a city which is also home to rivals Boohoo and PrettyLittleThing, and Missguided, which it owns.
It also opened pop-up shops to showcase products from its best-selling collections in cities including Liverpool.
The UK business had 33 employees last year, primarily involved in marketing, but the new office could reportedly pave the way for recruiting a bigger team and targeting expansion across the country.
These results come as SHEIN is set to hold informal investor meetings in the coming weeks for its planned London IPO, pushing ahead with preparations as it awaits UK regulatory approval.
SHEIN officially filed papers with Britain’s markets regulator in early June, kicking off the process for a potential London listing by the company later in the year
A potential flotation has been estimated to value the business at about $66bn (£50.3bn) and it would mark one of the largest deals for the London Stock Exchange in a decade.
The Chinese-founded company, which is now based in Singapore, has disrupted the fast-fashion industry by shipping cheap clothes direct from factories in China to UK and US-based shoppers. |
Asos, Dune London, Superdry benefit from 'strong' Black FridayBY SABINA WESTON 2 DECEMBER 2024This year's Black Friday saw stronger demand and more full-price sales, leading UK and Irish retailers told Drapers. |
https://www.drapersonline.com/news/asos-dune-london-superdry-benefit-from-strong-black-friday |
Great BooHoo news. |
DAILY TELEGRAPH REPORTING SHOPPERS NOT SPLASHING THEIR CASH
============================================================
Online Retailers and High street retailers have suffered their worst slump in sales since Covid, as fears over the economy hammer demand.
Sales in November were down 5.8% year on year, according to a new report from accountancy giant BDO, with customers spending less both online and in stores.
It marks the worst performance for the retail sector since January 2021, when retailers were battling the UK’s third Covid lockdown. |
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