Brown (n) Share Discussion Threads

[gripfit] 12/2/2024 09:29

Alliances will sell .. probs for 75p ??

[gripfit] 12/2/2024 09:28

The alliances we’re buying 12 months ago for 35 p and more ..

[gripfit] 12/2/2024 09:27

The alliances we’re buying 12 months ago for 35 p and more ..

[masurenguy] 12/2/2024 08:58

Maybe, but the Alliances can always decide to sell !

[currencytrader1] 12/2/2024 08:53

Frasers now over 20%
They can never control it as family own 51%

[eezymunny] 12/2/2024 08:49

Indeed gripfit. One wonders what Frasers see as the endgame here. Unless BWNG start losing money hand over fist, and no sign of that currently (though possible with a combination of awful trading and severe deterioration of the debtor book), the market cap here is plainly absurd.

[gripfit] 12/2/2024 08:18

I’m surprised the recent increase in holdings by FRASERS hasn’t ignited further interest in this companies share price .

[no dice] 18/1/2024 17:57

Frasers Group have hoovered up a few more shares in BWNG: now holding 19.93%, up from 19.36% in Aug 2023.

[outsizeclothes.com] 18/1/2024 12:25

Today's statement, like the October release, seems to me to be far from disastrous. Expectations remain the same for profit. Volume is falling, but only I'd say in line with the overall market, and margin is being maintained, or improved.
Net debt being greatly reduced is a BIG bonus - any fear of going bust has now flown out the window.
IF there is any short term decrease in interest rates, and consumer appetite returns, I think the Company is in excellent shape to benefit.
Going forward, if debt is paid down at the present rate, the Company could easily be making £80m a year profit inside 5 years

[gripfit] 18/1/2024 08:29

Hello ello ello lo lo ( echo)
Where is everbody ?
That does seem a bad RNS?

[darrin1471] 31/12/2023 14:40

"Distance selling regulations" does not allow restocking charges.

[diku] 31/12/2023 12:32

Probably a lot of mischief with returns...bring restocking charges of say 20% - 25% for returns as norm across retail...customers pays for it...cut down on binge buying and then return...

[darrin1471] 31/12/2023 10:43

Being a courier is a mugs game. Most fold after a few years as the margins are so low.

Cheep online clothing retailers had an early advantage as trading on the high street was so expensive and online could get fast fashion to the customer quick.
BWNG was a little different as they cater for larger sizes which are often not economic on the high street. In addition BWNG have a financial services division.

That advantage is now over as shops rent and rates are falling and shops are able to offer omnichannel shopping which is only going to get better. M&S could display the most popular colour and sizes instore but back that up with a full range online which via the app could be delivered to your home next day.
Most shops and online retailers now offer financial services via Klarna or similar

Now that the consumer has become more familiar with returning online purchases and with multiple return options, it has become difficult to sell low value items profitably. Almost all customers return clothing out of its original packaging. The best option is to stick the return on a coat hanger and sell it instore. On a low value item is costs more for a UK worker to repack and restock than it did to buy from the factory. A UK worker on minimum wage costs over 20p per minute.

[diku] 30/12/2023 09:28

Customers buy online and it gets returned...some orders going to and fro...either customers don't like it or doesn't fit...good for the couriers...

[creditcrunchies] 30/12/2023 09:12

I've noticed buying goods from this company has changed since last year. It used to be very quick with free next day delivery on orders over a certain price but now you have to pay for delivery for orders over £100 the cheapest being 3 working days to deliver at approx £4. So they've tightened up on costs. Their busiest period seems to be November, December to early January. They've sold a lot of stock by the looks of it, but they've been discounting heavily. Their sales now are the less popular items with only one or two sizes available. I reckon their stock levels are in decent shape but at what cost to their operating margin is the question really

[gripfit] 05/12/2023 16:23

Well ,, it keeps trying to rise .. so the question is are the Alliances buying ??

[cjohn] 05/12/2023 13:55

Hi, My Retirement Fund,

It doesn't look terminal to me. Financially, they look pretty sound.

Bear in mind they've got a huge asset in the loan book, which they could sell on - quite easily I believe - in the event that trading fell off a cliff. Not that there's any indication of that.

As to being marked down heavily, the last trading period was poor, but the current price is surely an opportunity to profit on the quite likely future improvement in trading.

PTBV: 0.25ish

[my retirement fund] 28/11/2023 10:11

What's happening here? Is it terminal?

[gripfit] 28/11/2023 08:03

Alliance family must be well distraught ..after their recent purchases

[jackson83] 24/11/2023 15:55

Paul of 2 was raving about this class act lol

[jackson83] 24/11/2023 15:54

I will buy in at 10p next year

[jackson83] 06/11/2023 16:22

we wait for a 30p takeover now lol ... give it 24 months lads

[gripfit] 25/10/2023 17:43

Life in this dog today ..