Interesting to see that today's Sunday Telegraph newspaper has also picked up on this too. |
 CLOTHING RETAILER ASOS IS IN DEEP TROUBLE
==========================================
The growing popularity of online clothing retailers SHEIN and TEMU is fuelling a cargo flight boom across the UK and mainland Europe.
Unprecedented numbers of clothing deliveries that once arrived by sea are now arriving by air, and this surge is being led by the Chinese fast fashion sector.
SHEIN and TEMU are rapidly changing the face of online shopping and the air cargo industry with it.
Rather than dispatching orders to local distribution centres, SHEIN and TEMU deploy an Amazon style business model - sourcing clothes direct from the manufacturers and then send them out by air direct straight to customers home addresses.
The lynchpin of this system is the conveyor belt of aircraft used to maintain the never-ending flow from Chinese production lines to millions of buyers in Europe and North America.
Browsing through the online offerings from SHEIN, the world’s largest fashion retailer, has become a way of life for most under-30s.
A survey of 1,000 Britons by marketing platform Omnisend suggests that amongst Generation Z 44% make at least one purchase every month from SHEIN with TEMU close behind on 41%.
FedEx, the world’s largest air cargo carrier, estimates that UK parcel shipments will total 1.29 Billion over the October-December period, the most in Europe and up a staggering 11% from a year ago.
This is yet another nail in the coffin for ASOS. |
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 Draper |
Selling clothes below cost generates even bigger financial losses for ASOS. |
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 Draper |
How did you get it so wrong and on so many different shares ?? |
Christmas is pure cream. |
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 Draper |
Inflation jumped last month to its highest level since March, official figures show, after Rachel Reeves announced £40bn of tax rises in the Budget.
The consumer prices index rose from 2.3pc in October to 2.6pc in November, according to the Office for National Statistics (ONS).
No chance of a pre-Christmas interest rate cut based on this data. |
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 Draper |
youre doomed u loser |
Shorts doomed to failure and hammering up.. |
BOOHOO now valued £52m more than ASOS
ASOS should rise to 445p before xmas |
will be back in 4 years to collect by 10 x bagger at 3750p |
Same old share price hammering up.. |
same old qantas always wrong and always whinging. |
Troglodyte are you having another pretend trolls away day again?
Share price is going up check with your mum not even one yet.
All the trolls have such stupid names made UP by an idiot
ThrogmortonStreet
Member since: 23 Dec 2023 |
QANTAS how did you get it so WRONG and so many times ??
Your investment strategy of piling into dud shares and then trying to talk them up, clearly isn't working.
Superdry, ASOS, Boohoo, THG, Ocado, Aston Martin, Vistry to name just a few of your many losses |
We are ready to hammer up shorts doomed to failure |
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 Draper |
can anyone provide the news / or estimate on how much interest ASOS will pay next year
i was told it was around £27m could this be correct |
You've obviously NEVER used a sledge hammer in your life LOSER BOY
The striking motion and forward momentum needed to use a hammer is DOWNWARDS, ya thick plank |
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