Date | Subject | Author | Discuss |
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01/4/2021 08:31 | Lol Next, a British retailer, posted full-year profit after tax declined 53% over year to 287 million pounds on revenue of 3.53 billion pounds, down 17%. The company said, given the continuing uncertainty, no final dividend is proposed and its share buyback programme remains suspended. |  mj19 | |
31/3/2021 15:50 | Full price sales are apparently smashing 2019 figures |  jettyboy | |
29/3/2021 08:44 | A.S.A Rule Breach by Boohoo.com UK Ltd in association with Luke Mabbott
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A TikTok post on Social Influencer, Luke Mabbott’s TWITTER account @lukemabbott, featured a video of Luke Mabbott wearing two outfits with the caption alongside stating “Which look do you prefer” and “Outfit from @boohooman #boohooman”.
The A.S.A complaint challenged whether the post was a marketing communication without being obviously identifiable as such.
Boohoo.com UK Ltd (Boohoo) stated that BoohooMAN and Luke Mabbott had a contractual agreement in place, which included an obligation to promote and market Boohooman products.
Advertising rules state that promotional and advertising material must be obviously identifiable as such, and that this must be made clear, that there is commercial intent, if that is not obvious from the context.
The A.S.A discovered that there was a “commercial relationship” between Boohoo and Mr Mabbott which involved a contractual agreement that covered the post.
The advertising post fell within the marketing and promotional activity conducted by Mr Mabbott on Boohoo’s behalf
The A.S.A confirmed that the post would have appeared in-feed on TikTok and it considered that there was nothing in its content, which would have made it clear to those viewing it, that it was an advert.
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Boohoo.com UK Ltd and Luke Mabbott were publicly warned by the A.S.A. that any future advertising must be obviously identifiable as marketing communications.
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18/3/2021 07:27 | The BBC TV Watchdog programme (last night) had a very interesting and informative section about "Online Retailers" and the perils faced with the UK Distance Selling Regulations, which allows Buyers to return items for a no questions asked, full refund.
The TV programme highlighted how some younger, unscrupulous customers were exploiting Distance Selling Regulations by "wearing and using" clothes and then returning them back to the "online retailers" for a refund.
It also highlighted that once returned, some returned goods were not properly cleaned & checked over, but were merely put back into circulation for re-selling.
Most of the "problems and issues" came to light when the clothing was delivered to the SECOND / subsequent buyers.
Although BBC Watchdog chose to highlight problems with ASOS, other "online retailers" like BOOHOO must encounter similar problems with clothing, RETURNED FOR A REFUND.
In light of BOOHOO's recent bad media publicity of one Boohoo customer finding a LIVE Spider inside the packaging, other Boohoo customers finding LIVE fleas inside their packaging and one BOOHOO customer receiving a blood stained package, it makes you wonder what goes on in these large Warehouses. |  chainsaws | |
07/3/2021 15:54 | MORE SHOCKING REVELATIONS AT BOOHOO PLC - FLEAS FOUND INSIDE THE PACKAGING !!!
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Angry Boohoo customers find FLEAS inside their Boohoo and Pretty Little Thing parcels.
MAJOR DEEP CLEAN ?? CALL PEST CONTROL ?? PANIC YOUR CUSTOMERS ??
. |  chainsaws | |
27/2/2021 17:43 | ALWAYS LOOK ON THE BRIGHT SIDE OF LIFE !!!
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The concept and introduction of a new Online Sales Tax levied on Internet Retailers (like Boohoo) and rumoured to be in the region of 2% or 3% or 5% on Annual Turnover (Sales) is DEFINITELY coming !!!
Hashtag: SUNAK BALANCING THE BOOKS !!! |  ukneonboy | |
10/2/2021 12:20 | Like many traditional retailers Next and Burberry have both been severely disrupted by lockdown measures caused by Covid-19.
A reopening of the economy as vaccine rollouts continue, as well as their improved online positioning, could be a positive catalyst for the shares, as Investor's Champion's latest research reveals. |  energeticbacker | |
09/2/2021 07:56 | The Smiling Assassin intends to level the great Retailing Divide
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Online Retailers are very firmly in the sights of Chancellor Rishi Sunak, following another report that the UK government is considering a tax raid on online retailers that have profited from the CoVid pandemic.
Analyst, Neil Wilson, from Markets.com stated, “This may raise a question about opportunistic taxation policy - the UK Government is meant to be pro-business - however most people feel online retailers are NOT paying their fair share and the burden is falling too heavily on struggling high street stores,”
It clearly doesnt make financial sense that bricks-and-mortar businesses pay more in tax than similar rivals that are essentially Internet Only.
The much mooted 3% Internet Sales Tax is likely to be levied on Turnover (sales) and aimed squarely at online transactions represents bad news for ALL online retailers, from the largest like Amazon right down to the likes of Boohoo and ASOS. |  chainsaws | |
07/2/2021 17:09 | I need to read the Sunday Times article again - I got the impression that Next could benefit, as it also has a High St presence |  qvg | |
07/2/2021 16:18 | CHANCELLOR WANTS TO LEVEL UP THE PLAYING FIELD IN RETAILING
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Interesting comments in the Weekend Sunday newspapers about the possible introduction of an ONLINE SALES TAX, primarily aimed at all UK ONLINE retailers including Amazon, ASOS, Boohoo, Next, etc
The broadsheet newspapers seem to be implying that Chancellor, Rishi Sunak is reportedly considering plans to levy a surcharge on ALL INTERNET RETAILERS, to help offset the loss of income received from Business Rates, following the closure of empty, vacant high street shops. |  chainsaws | |
06/2/2021 23:55 | I have started a new YouTube series called share bingo and one of the first companies I look at was Next. Watch how Next stacks up against what I want to see before I would invest https://youtu.be/rabEBB2VubcWe really like these results make sure you leave us a comment if you agree with what we find herePlease note all opinions are my own and they are just my view. If you think I have have missed anything please let me know in the comments of the video. |  glengad investor | |
31/1/2021 11:31 | IT SEEMS SOME OF THE BOOHOO SENIOR EXECUTIVES DONT LIKE SEEING THEIR OWN PHOTOS
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Maybe it's considered to be hugely bad P.R. for Boohoo PLC and for it's Directors to be seen as NON-COMPLIANT with the UK's Corporate Governance rules that apply to ALL publicly listed companies.
Especially those Boohoo Directors, like C.E.O John Lyttle that potentially stands to get £100 million of shareholder funds via the Boohoo Senior Executive Incentive Scheme.
THAT WAS NEVER VOTED ON OR APPROVED BY BOOHOO'S OWN SHAREHOLDERS !!!
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Hashtag: UNACCEPTABLE FACE OF CAPITALISM & GREED ?? |  ukneonboy | |
27/1/2021 08:43 | Did I hear a boohoo? Come now, dry your eyes. |  glavey | |
27/1/2021 08:34 | So just imagine you are Mahmud Kamani, it's Wednesday 27 January 2021 and you've watched all the TV news channels and you still cant figure out why all your major retail competitors are laughing.
then the penny finally drops and you suddenly realise the prize you ACTUALLY wanted and the prize which would probably have helped your own business is gone :-
then the grim reality really starts to set in, you've just won the booby prize (that nobody else wanted), that has not made any profits for years, but you've just paid £55 million buying it, and more importantly competitors like Adam Crozier, Nick Beighton, Mike Ashley and Peter Cowgill are ALL now laughing at you !!!
Worse still, the entire City of London are now thinking, what on earth was Boohoo thinking, wasting £55 million on a dead brand name and an old obsolete customer database
Hashtag: LOSS MAKING DEBENHAMS NOW OWNED BY BOOHOO........ ooooops |  ukneonboy | |
13/1/2021 07:13 | ASOS today announces trading for the four months to 31(st) December 2020 ("P1"). Revenue growth in the period surpassed our expectations, driven by investment in product, pricing and marketing and stronger than anticipated consumer demand for our products. Our multi-brand model and strong execution enabled us to capture available demand as consumers increasingly shopped online. |  ammu12 | |
07/1/2021 10:50 | Liberum upgrade
https://www.proactiveinvestors.co.uk/companies/news/937850/next-a-buy-again-for-liberum-over-potential-to-outperform-competitors-937850.html |  smicker | |
05/1/2021 07:50 | not bad - excellently run company |  scepticalinvestor | |
18/12/2020 14:04 | Bidding for Topshop
hTTps://news.sky.com/story/next-and-us-investor-in-talks-about-bid-for-greens-arcadia-12166441 |  smicker | |
28/10/2020 10:44 | Solid update, deserves to be up, even in a day like today. A very quiet board ... a good thing in my view! |  alex1621 | |
21/9/2020 07:22 | To get near £40 again on Next would require markets to sell off very hard imv.
Fwiw Next looks worth consideration lower down. |  essentialinvestor | |
26/8/2020 14:18 | from July - but this could be a brill short - thoughts pls
Broker Forecast - Morgan Stanley issues a broker note on Next PLC
By BFN News | 12:40 PM | Thursday 30 July, 2020
Factsheet Next PLC Ord 10P (NXT)
Morgan Stanley today reaffirms its equal weight investment rating on Next PLC (LON:NXT) and raised its price target to 3650p (from 3400p).
P/T = £36.50 |  rescuer | |
05/8/2020 21:14 | Hi all,
A few weeks ago my mate Peter @Conkers3 and myself did a ‘Twin Petes Investing’ Session as a ‘Live’ bit of the MelloVirtual Conference. This was a ticket-only gig but fortunately we have been allowed to share the Recording of the audio with our Listeners.
Among plenty of other things with an educational bent, part of our discussion covers NXT. Anyway, if you use Apple, Audioboom, Overcast or Spotify you can find it under the 'Conkers Corner' Channel (you want TPI Podcast 28) and you can find it on Soundcloud at the link below.
I hope you enjoy it and find it useful,
Cheers, WD
@wheeliedealer
hTTps://soundcloud.com/user-479955511/conkers3-wheeliedealer-mellovirtual-live-no28-boo-amzn-nxt-rre-gaw-fdev-asc-ftse-100 |  thewheeliedealer | |