Koovs Share Discussion Threads

[harebridge] 23/2/2017 22:39

PR machine in overdrive!

Tomorrows Daily Mail

[harebridge] 23/2/2017 13:11

Great article today in Vogue India with Robert Bready Creative & Retail Director at Koovs

This is how Indias top 4 e-retailers are making shopping a lot more fun
February 23, 2017




Who: Robert Bready joined the board of Koovs in 2012 after stints at River Island and the Arcadia Group and working as the founding product director of ASOS. He leads the creative design and retail for the online fashion platform and is the brain behind the always-on-point collections on the website.

What they want: Millennials want a­ffordable prices, speed and ease of shopping, so we make sure to have the latest styles available across all our shopping channels,the website, mobile site and app.

Most valuable products: There is one overriding trend among young buyers at present, which is the casual athletic leisure movement a­ffecting all product categories. Relaxed joggers with bling tops and statement trainers are the big thing right now. Our one-of-a-kind collaborations with designers such as Mawi, Pankaj & Nidhi and recently Gauri & Nainika have been a highlight.

Rules of engagement: The process starts with our in-house design team travelling the globe looking at fashion and youth culture. The next step is to visit the main fashion weeks and record what is happening, and then fine-tune what we think is relevant for our target consumer in India.

[daz1966] 23/2/2017 09:53

Not long before over 50p

[daz1966] 23/2/2017 09:53

Not long before over 50p

[ckafetz] 23/2/2017 09:12

Does that warrant an RNS :-) I would be happy with an 80p buyout for where we are today

[bittorrent] 23/2/2017 07:59

Another cheeky "news release" from Koovs this morning!

[adealsiddiq110] 22/2/2017 19:31

Harebridge, I would have thought approx £2 a share if they look to buy out Koovs as you said the brand is establishing well.Peel Hunt state £1 share so I wouldn't want to see an offer less than double that considering the potential oppertunity Koovs has.Let me know you thoughts on this.

[bittorrent] 22/2/2017 18:42

Nice find Harebridge, thanks.

[harebridge] 22/2/2017 18:29

Big news out of India, as Myntra goes on the hunt for private labels in M&A activities.

Flipkart-owned Myntra is already the largest online fashion portal in India but it seeks to broaden the spectrum by investing in 15-20 brands in the coming months.

Selected brands will also be assisted with capital benefits to scale up their business. Myntra plans to usher a strategic partnership with them so as to affirm long term benefits. Myntra aims to generate massive revenues from these private brands in the next three years.

The e-retailer also plans to onboard a few private labels to its platform.

"On the M&A and inorganic side, we are looking at brands that have created something in niche areas"



Myntra is vying for top dog against Amazon India. Today it also announced that it was to be sole distributor of Mango.

If figures out in April continue to show triple digit growth (£20 million) compared to £10 million FY 2016, then I wouldn't be surprised to see Myntra take a stake in KOOVS.

The brand has been established, just needs further investment.

Thoughts of a take out price anybody?

[makingmillions] 22/2/2017 12:32

I did get a few more this am but it is not showing yet.They will probably wait till price rises then show it as a sell.

[ckafetz] 22/2/2017 11:37

Very true. Long term this could make us a lot of money although I'm fully aware with these type of shares that it could all go wrong. I'm in double or bust!

[harebridge] 22/2/2017 11:14

Ck- don't worry, Chairman Lord Waheed Alli (ex ASOS chairman) bought 1 million shares at 50p a couple of months ago.He now owns 38,699,218 shares- that's 22.6% of the company.India is now fully open to FDI (foreign direct investment), with many big guns now vying for a piece in the last frontier of e commerce.Alibaba, Walmart, Amazon & Flipkart are just a few.What's exciting here is the Koovs high margin private label that makes up 40% of all sales.The big guns are looking out for high growth private labels & there isn't any other brand growing like Koovs.

[ckafetz] 22/2/2017 10:58

Fingers crossed. Wish I got in lower though. I bought at the recent high at 52p.

[irishlass2] 22/2/2017 09:42

I agree. Koov is a cheap way to enter the Indian market for a bigger company.

[market master] 22/2/2017 08:50

The price is not really dropping it is more range based between 44p-50p and is probably caused by bored Pi's chasing rainbows. I think we need some solid news to give the share price a boost over 50p which could land at any time.

[ckafetz] 22/2/2017 08:34

But isn't it a bad sign that price is dropping without a big seller? It sounded like most on here thought the price was going down due to a seller and that when seller stopped the price would possibly rebound

[adealsiddiq110] 21/2/2017 19:47

Harebridge, once again good input and research. Thanks buddy.

[harebridge] 21/2/2017 17:59

Finally received some answers wrt HT Media!!

HT Media disposed of 10%- but did NOT CROSS any threshold- so no need for notification.

They have moved from 6.84% to 6.16% of the total amount of shares (175.3 million).

"Piyush Gupta, chief financial officer at HT Media, said that the company exited 10% of our holding in the market last month and (is) not intending to exit anymore at all.



Absolutely nothing to worry about- onwards & upwards!!!

[ksharlandjiev] 21/2/2017 08:19

Good luck with that :)