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 |
 CLOTHING RETAILER ASOS IS IN DEEP TROUBLE & THE FAILED SHARE RAMPERS KNOW IT !!
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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 |
the failed share rampers are squeaking again.....lol |
I don't think we will see the dizzy heights of 25 quid again but a fiver share price looks nailed on |
Toasty short from 350p ouch |
Next update will be the worst to date. Pls pump a little more for a nice short entry.
Let wolfie have more false hope. |
Wooooosh time |
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 |
i will top up at 350p soon / when trading RNS lands in jan |
BoomNext stop 440 |
Seller is done - RNS just out |
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 |
Shorters in deep trouble |
Ahead of Christmas the UK division of SHEIN, based in Manchester, is reporting bumper sales and a huge increase in customer numbers |
Miss Ping Pong I don't think so. |
red again idiot boy |
Miss Ping Pong did you look at the chart above?? |
red again loser |
Shorts doomed to failure and 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 Draper |
Not such a Happy Christmas for all the ADVFN share rampers, me thinks |
 This is the first post on the thread shares at 97P, Having been as low as 5P TWO YEARS PREVIOUS.
THEY WENT ON TO HIT £74.00 !!!!
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liemanjaro12 May '06 - 09:43 - 1 of 35847
0 0 0
Research Alert Tuesday 14 March 2006
Seymour Pierce Research 2
ASOS 1,3,5
General Retailers BUY
98.75p
LSE ASC.L
Distribution partner
• ASOS has announced the appointment of Unipart Logistics as its
distribution partner, taking over the management of the ASOS DC in
Hemel Hempstead.
• Unipart is one of Europe’s leading providers of outsourced logistics and
distribution services, specialising in managing complete supply chains.
• Under the agreement, Unipart will take over the picking, packing,
carriage, and management of all goods in and out of the warehouse
facility. This frees up the ASOS management team to concentrate on the
product, customer care and overall proposition of the business.
• Consequently, due to the agreement, supply chain director Greg Conway
has decided to resign from the company. This is unfortunate for Greg, as he
was bringing in some key supply chain management skills and initiatives,
although there is no way he can compete with the service levels ASOS will
receive by taking on a specialist group to manage its back office.
• We are making no changes to our estimates on the back of this
announcement, deciding to wait for the preliminary results before we assess
the financial impact of this contract. In addition, this will allow us to factor in
the full scope of recovery in sales following the closure of the distribution
centre just before Christmas (Buncefield fuel depot explosion).
• However, we do regard the signing of a distribution partner as positive
news, with the company bringing in a professional firm to run the complex
back office, leaving ASOS’s management to concentrate on the
performance of the front office.
• Despite the stock trading on 35.3x for this year and 34x next year, with
significant top line growth coming through and the business developing a
market leading position on the web, we believe that the share price still
offers good value. We maintain our recommendation of BUY. |
https://amp.theguardian.com/business/2024/dec/12/uk-financial-watchdog-delays-shein-listing-amid-supply-chain-scrutiny |
https://www.dailymail.co.uk/femail/article-14211311/amp/woman-tracker-shein-clothes.html |
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