Boohoo Share Discussion Threads

[discodave4] 02/7/2017 14:12

fergusWasn't being negative, was trying to point out that the message to customers could be interpreted in a number of ways.......thus there is ambiguity, thus it means nothing to the "market", IMHO.DD

[clippyclive] 02/7/2017 14:11

Fashion brand Quiz plans AIM flotation
15th Jun 2017 9:58 AM
Quiz, the women's fashion retailer, is planning a £200 million share flotation on the Alternative Investment Market (AIM), the second division of the London Stock Exchange.
The Glasgow-based business specialises in "fast fashion", staying on top of new trends and switching rapidly from one style to another as tastes change.
The proceeds will be used to step up the pace of growth at Quiz, which currently has 73 stand-alone outlets and 167 concessions in the UK and Ireland.
Announcing the intention to list on AIM, Quiz said: "The brand has a focus on occasion wear and dressy casual wear primarily for 16 to 35-year-olds and offers clothing, footwear and accessories that make fashion-forward females look glamorous and stand out from the crowd at great value for money."
Quiz said its group revenues rose by 21% a year between the financial years 2015 and 2017 to £89.8 million.
Tarak Ramzan, Quiz's chief executive, said: "Quiz is a strong and distinctive omni-channel fashion brand with a clear customer and product focus. We are delighted to announce the group's intention to float on AIM and we are confident that this will help enable the brand to achieve its exciting global potential."
Quiz merchandise is present in 19 countries through about 70 international franchise stores, concessions, wholesale partners and international online partners. As part of its growth strategy, Quiz is planning during the next 24 months to open websites in Spain, the US and Australia, stand-alone stores in Spain, concessions in Cyprus, the US and central America, "as well as further expansion in the Middle East and Far East".
Over the same period, about 20 new stores are planned to be opened in the UK.
The shares are expected to be listed next month.
Quiz was founded in Glasgow in 1993 and employs about 1,350 people in the UK.
Peter Cowgill, chief executive of JD Sports, has been proposed as non-executive chairman for the group. He said: "I am delighted to be joining Quiz at this exciting time. Quiz is a dynamic company with a fantastic product offering and proven routes to market."

[gersemi] 02/7/2017 07:11

Watch out for the Quiz flotation (July) and their 'rinse and repeat' retail model. It could prove to be another ASC or BOO

[ranoszek] 02/7/2017 07:08

Many reasons for returns, I would surmise that incorrect size is one of the biggest - I have on these grounds on many occasions, so my money stayed with the company. Moreover, I remain a shopper with BOO as they do make returns easy as well as fast no quibble. This is how BOO and ASOS etc operate.

[fergus9] 02/7/2017 00:57

What are you trying to say - I don't understand what your agenda is - I deliver for many internet companies and I can assure you that there are lots of returns for the likes of Next and many more companies.
A lot of these high turnover companies have the same situation - fast turnover fast returns -that's how it works, so why are you so negative?
Observing from a distance!

F.

[nurdin] 01/7/2017 12:34

C'mon..no company would try to give,even vaguely, the impression that they are getting a lot of returns.The market will interpret their busy-ness as due to order demand...

[sogoesit] 01/7/2017 12:17

Unclear: "Our warehouse are (sic) super busy at the moment due to an increase in demand..."

Increase in demand for what?
Returns' processing?
Demand for orders thus prioritising orders over returns' processing?

Be sure market will look to the pessimistic side when there is lack of clarity.
DYOR

[discodave4] 01/7/2017 11:46

bobSo many returns they can't cope!.......always a flip side IMO, tend to ignore Customer Relations spin.DD

[bamboo2] 01/7/2017 09:40

skerra there was an intraday low of 220 on 26/6/2017. Price could retest which would potentially make a nice reversal W pattern

I took advantage this recent low, but have taken a quick turn already.

[au24] 01/7/2017 09:35

Thanks for what

[sogoesit] 01/7/2017 09:04

Indeed, bobboz.
Thanks for that.

[skerra] 30/6/2017 16:47

All I can add is that quite a few people go on the charts. If so, looks like around 225p before setting off upwards again. having said that, no way am I selling any of mine. Just not worth doing and then, maybe, having to buy higher if they suddenly take off again.

[au24] 30/6/2017 16:43

No worries:)

[qruz] 30/6/2017 16:32

Same story every day, starts blue end red

[pavelsakha87] 30/6/2017 16:30

Yet another red day

[adthorn] 30/6/2017 16:18

20 times our market cap but with all the cost burden of a traditional high street retailer!!

[villarich] 30/6/2017 16:14

Sorry last post was incorrect. H&M is 307bn Swedish krona roughly £28bn

[villarich] 30/6/2017 16:12

Euros...H&M 307bnZara 105bn

[steptoes yard] 30/6/2017 15:50

V
By any chance do you know what the mkt caps of H&M and Zara are please?
SY

[villarich] 30/6/2017 15:39

Good post Mr Spock. It's all about the smart phone and social media now. Over the coming years BOO, along with the other brands in the group, will eat away at the market share of the big fashion players like H&M and Zara. Young people don't shop on the high street anymore. They shop from their phone, often after seeing targeted adverts on social media platforms. The big bricks and mortar retailers are slow to the party in this and won't recover the lost ground. I can see BOO being 5x the size of what it is now, and that's probably still conservative given the market caps of H&M and Zara.

[mr_spock] 30/6/2017 13:44

'Pretty Little Thing, the Manchester-based online retailer launched by brothers Adam and Umar Kamani, has been ranked as the fastest growing fashion brand on the web.

In Hitwise’s Fast Fashion report, which analyses search data from three million UK internet users, PrettyLittleThing saw 663 per cent increase in people visiting the site year-on-year since 2014, thanks to support from social media stars like Kylie Jenner and Sofia Richie...'