Boohoo Share Discussion Threads

[henchard] 12/7/2020 23:53

The evidence of a dark underbelly in the Leicester ragtrade seems overwhelming, and also that it was an open secret, e.g.

“I’d rather manufacture in Bangladesh than in Leicester, because they’re far further advanced [in terms of labour protection],” said Anders Kristiansen, chief executive of the retailer Esprit.
“In Leicester ... it’s slave-like conditions,” said Mr Kristiansen, who was previously chief executive of New Look. “Everybody knows about it and some firms are clearly ignoring it.”
“I knew we had to move production out of Leicester in 2017 after we had meetings with local authorities who were just stalling, afraid to destroy the industry,” he said. “I could have expected to have those kinds of meetings in Myanmar, but not in the UK.”
It seems preposterous to believe the Kamanis were unaware of the Leicester ragtrade slave conditions. If so, best case scenario is they turned a blind eye to it; mid-case their business model was built on it; worst case they and associates control the whole shebang.

[investor114] 12/7/2020 23:52

off topic...


DID SCUM UNITED BRIBE THE REFS TO ADD FERGIE TIME..UNTIL THEY SCORED !!
JUST A THOUGHT!!

[d1nga] 12/7/2020 23:47

Tpi

You're a nutter

Keep off the booze and concentrate on the gardening

Hth

[telbap] 12/7/2020 23:14

What's the odds on boohoo putting out some serious fire fighting RNS tomorrow morning. Got to happen ?Or will we get shut up shop and radio silence? Who knows.Expect lots of redness.

[telbap] 12/7/2020 23:11

@patient investor...You know what shocks me more than all the shocking shockness going into?It's, why are people shocked at all?This has been going on for years!Go take a look in the north london sweatshops plenty of them. No different.Only geography.

[telbap] 12/7/2020 23:06

@2toptrader.....That guy is truly in the money.

[djb3] 12/7/2020 23:02

Wow. Goes all the way to the top. Gonna down hard tomorrow. Christh will still say 500p mind...

[the patient investor] 12/7/2020 22:59

IF WE CARRY ON LIKE THESE with this drip drip drip of nasty news we cd SEE 32 P TOMORROW, IF we are lucky

[sharma1j] 12/7/2020 22:57

Makes u wonder how much more they have... drip.. drip... drip !

[sharma1j] 12/7/2020 22:51

Hum.. just breaking..https://www.dailymail.co.uk/news/article-8515609/Pictured-Boohoo-founder-Mahmud-Kamani-snapped-partying-sweatshop-boss.html

[the patient investor] 12/7/2020 22:50

from the other side


This is a whammy on so many different levels:
1) Boohoo is now "cancelled" with its target market. They are slavers. And spreaders of coronavirus.
2) Advertisers / promoters /influencers simply MUST shun the company if they are to retain any credibility. In fact, they will be the first to encourage boycotts.
3) Institutional investors will pull out - and they will realise that they who sell first get the best price. And that this story will get worse and worse.
4) There will now be endless investigations, and those investigations will discover plenty - some of it really nasty. (Without going into details, I know quite a lot about the East Midlands rag trade). The directors of Boohoo of course knew about these things, everybody did. But they went on with having their clothes made in those factories all the same.
IMO, this is a company-ending event - a vortex from which escape will prove impossible.

[jonbirdy] 12/7/2020 22:47

Hey patient investor, that YouTube guy is out of date, his argument broken.

Boohoo bought all of PLT in May, blowing up Shadowfall’s central shorting thesis.

[the patient investor] 12/7/2020 22:43

given the inevitable slow drip feed of news and investigations from here (and even possible arrests), and the total destruction of the company's reputation, I reckon this will see 50p in a few months' time.

[christh] 12/7/2020 22:37

financial performance

[christh] 12/7/2020 22:37

BUY BOOHOO


The leader in fashiom

[henchard] 12/7/2020 22:35

As revelation follows revelation, I wonder if we could see the abrupt resignation of CEO John Lyttle.

[christh] 12/7/2020 22:34

Definetely all the nutters escaped from the asylum!

give them Lithium, Vallium to calm their brains.


The price is going to 400p this week.