Boohoo (BOO) Share Price (2024)

Posted at 03/9/2024 09:20 by Boohoo Daily Update

The answer remains the same: BOOHOO GOING BUST REMAINS A STRONG POSSIBILITY and that reply is based on factual information and data that is already in the public domain.

It has been well signposted that Boohoo brands are losing customers and market share right across the USA, across Europe and across the Rest of the World to rival clothing retailers SHEIN and from TEMU

Boohoo’s bewidering decision to close customer accounts has pushed many former customers into buying elsewhere

Then, despite the wet British Summer, second hand clothing retailers Vinted and DePop have seen a huge surge in demand for pre-owned and pre-loved Summer clothing, leaving Boohoo PLC with warehouses full of unsold and unwanted stock.

On the corporate front, Boohoo PLC is currently being sued by some large and powerful Institutional shareholders for previous Corporate Governance failings and more recently it was revealed that garment makers in Leicester are also seeking financial redress from Boohoo

We already know that Boohoo PLC has fully utilised its £325 Million Revolving Credit Facility and Lenders including HSBC are sufficiently worried to have engaged debt advisers.

Boohoo’s London office in Soho that originally cost £72 Million has gone up for sale, with an asking price in the region of £50 Million and £60 Million

All this comes on the back of Boohoo PLC revealing back in May that it had swung from having £6 million of net cash on its balance sheet to having £95 Million of net debt on its balance sheet.

Boohoo’s Auditors are due to arrive any day now and another PROFIT WARNING is likely to follow.

VERIFIED REVIEWER
I am beyond frustrated with BoohooMAN and their shocking customer service. As a social media influencer with a significant following, I often rely on online retailers for my fashion needs, and I was excited to share my latest haul with my audience. Unfortunately, BoohooMAN has made this an experience I would never want to promote.
I ordered several items from their website, eagerly anticipating the arrival of my new clothes. However, when the package finally arrived, I was extremely disappointed to find that they had sent me the wrong items. None of the items I received were what I ordered—they were completely different in size, style, and color.

VERIFIED REVIEWER
“Their customer service is very very poor. I returned 4 items and only received a refund for 1 item. Despite providing them with tracking references and post office proof they received the items. I wouldn’t recommend buying anything from this company. It’s a real scam

VERIFIED REVIEWER
Their sizes are as bad as their customer service. I ordered several items in XL. What I received was a Large, and some Medium garments which don't fit. Boohooman's sizing is awful and I've raised this issue with them twice now and still haven't heard back.
Do NOT buy from boohooMAN.

VERIFIED REVIEWER
Boohooman is the worst company to deal with. I was misled by an ad banner that read, "WE NOW CHARGE £1.99 FOR RETURNS, BUT RETURNS ARE FREE FOR OUR PREMIER CUSTOMERS."
So I bought a premier membership explicitly for the free returns.
Whilst trying to do a return I was told that the message was incorrect, and that Boohoo has removed free returns from premier. When asking for a refund for the premier membership they refused so I will never buy from Boohooman again.

VERIFIED REVIEWER
They make it as difficult as possible to return clothing and then refuse to refund, claiming the returns have been lost. AVOID BoohooMan

VERIFIED REVIEWER
I am beyond frustrated with BoohooMAN and their shocking customer service. As a social media influencer with a significant following, I often rely on online retailers for my fashion needs, and I was excited to share my latest haul with my audience. Unfortunately, BoohooMAN has made this an experience I would never want to promote.
I ordered several items from their website, eagerly anticipating the arrival of my new clothes. However, when the package finally arrived, I was extremely disappointed to find that they had sent me the wrong items. None of the items I received were what I ordered—they were completely different in size, style, and color.

VERIFIED REVIEWER
“Their customer service is very very poor. I returned 4 items and only received a refund for 1 item. Despite providing them with tracking references and post office proof they received the items. I wouldn’t recommend buying anything from this company. It’s a real scam

VERIFIED REVIEWER
Their sizes are as bad as their customer service. I ordered several items in XL. What I received was a Large, and some Medium garments which don't fit. Boohooman's sizing is awful and I've raised this issue with them twice now and still haven't heard back.
Do NOT buy from boohooMAN.

VERIFIED REVIEWER
Boohooman is the worst company to deal with. I was misled by an ad banner that read, "WE NOW CHARGE £1.99 FOR RETURNS. BUT RETURNS ARE FREE FOR OUR PREMIER CUSTOMERS."
So I bought a premier membership explicitly for the free returns.
Whilst trying to do a return I was told that the message was incorrect, and that Boohoo has removed free returns from premier. When asking for a refund for the premier membership they refused so I will never buy from Boohooman again.

VERIFIED REVIEWER
They make it as difficult as possible to return clothing and then refuse to refund, claiming the returns have been lost. AVOID BoohooMan

Posted at 02/9/2024 17:51 by ukneonboy

95.14% of all Boohoo's shareholders (including Frasers) have lost money or are currently losing money on their Boohoo shares.

Investors really should consider whether they fully understand the financial risks associated with Boohoo PLC, and the Kamani family's involvement in the business, factoring in the high probability of them, losing YOUR money !!!

Over 5 Years - Boohoo shareholders have LOST 88.23% of their capital

Over 3 Years - Boohoo shareholders have LOST 89.93% of their capital

Over 1 Year - Boohoo shareholders have LOST 24.76% of their capital

Over 6 Months - Boohoo shareholders have LOST 16.27% of their capital

Over 3 Months - Boohoo shareholders have LOST 16.59% of their capital

Over 1 Month - Boohoo shareholders have LOST 1.14% of their capital

Source: ADVFN

The answer remains exactly the same: BOOHOO GOING BUST REMAINS A STRONG POSSIBILITY and the reply is based on factual information and data that is already in the public domain.

It has been well signposted that Boohoo brands are losing customers and market share right across the USA, across Europe and across the Rest of the World to rival clothing retailers SHEIN and from TEMU

Boohoo’s bewidering decision to close customer accounts has pushed many former customers into buying elsewhere

Then, despite the wet British Summer, second hand clothing retailers Vinted and DePop have seen a huge surge in demand for pre-owned and pre-loved Summer clothing, leaving Boohoo PLC with warehouses full of unsold and unwanted stock.

On the corporate front, Boohoo PLC is currently being sued by some large and powerful Institutional shareholders for previous Corporate Governance failings and more recently it was revealed that garment makers in Leicester are also seeking financial redress from Boohoo

We already know that Boohoo PLC has fully utilised its £325 Million Revolving Credit Facility and Lenders including HSBC are sufficiently worried to have engaged debt advisers.

Boohoo’s London office in Soho that originally cost £72 Million has gone up for sale, with an asking price in the region of £50 Million and £60 Million

All this comes on the back of Boohoo PLC revealing back in May that it had swung from having £6 million of net cash on its balance sheet to having £95 Million of net debt on its balance sheet.

Boohoo’s Auditors are due to arrive in early September and another PROFIT WARNING is likely to follow.

The simple answer to your question is: BOOHOO GOING BUST REMAINS A STRONG POSSIBILITY and that reply is based on factual information and data that is already in the public domain.

It has been well signposted that Boohoo brands are losing customers and market share right across the USA, across Europe and across the Rest of the World to rival clothing retailers SHEIN and from TEMU

Boohoo’s bewidering decision to close customer accounts has pushed many former customers into buying elsewhere

Then, despite the wet British Summer, second hand clothing retailers Vinted and DePop have seen a huge surge in demand for pre-owned and pre-loved Summer clothing, leaving Boohoo PLC with warehouses full of unsold and unwanted stock.

On the corporate front, Boohoo PLC is currently being sued by some large and powerful Institutional shareholders for previous Corporate Governance failings and more recently it was revealed that garment makers in Leicester are also seeking financial redress from Boohoo

We already know that Boohoo PLC has fully utilised its £325 Million Revolving Credit Facility and Lenders including HSBC are sufficiently worried to have engaged debt advisers.

Boohoo’s London office in Soho that originally cost £72 Million has gone up for sale, with an asking price in the region of £50 Million and £60 Million

All this comes on the back of Boohoo PLC revealing back in May that it had swung from having £6 million of net cash on its balance sheet to having £95 Million of net debt on its balance sheet.

Boohoo’s Auditors are due to arrive in early September and another PROFIT WARNING is likely to follow.

The simple answer to your question is: BOOHOO GOING BUST REMAINS A STRONG POSSIBILITY and that reply is based on factual information and data that is already in the public domain..

It has been well signposted that Boohoo brands are losing customers and market share right across the USA, across Europe and across the Rest of the World to rival clothing retailers SHEIN and from TEMU

Boohoo’s bewidering decision to close customer accounts has pushed many former customers into buying elsewhere

Then, despite the wet British Summer, second hand clothing retailers Vinted and DePop have seen a huge surge in demand for pre-owned and pre-loved Summer clothing, leaving Boohoo PLC with warehouses full of unsold and unwanted stock.

On the corporate front, Boohoo PLC is currently being sued by some large and powerful Institutional shareholders for previous Corporate Governance failings and more recently it was revealed that garment makers in Leicester are also seeking financial redress from Boohoo

We already know that Boohoo PLC has fully utilised its £325 Million Revolving Credit Facility and Lenders including HSBC are sufficiently worried to have engaged debt advisers.

Boohoo’s London office in Soho that originally cost £72 Million has gone up for sale, with an asking price in the region of £50 Million and £60 Million

All this comes on the back of Boohoo PLC revealing back in May that it had swung from having £6 million of net cash on its balance sheet to having £95 Million of net debt on its balance sheet.

Boohoo’s Auditors are due to arrive in early September and another PROFIT WARNING is likely to follow.

The simple answer to your question is: BOOHOO GOING BUST REMAINS A STRONG POSSIBILITY and that reply is based on factual information and data that is already in the public domain.

It has been well signposted that Boohoo brands are losing customers and market share right across the USA, across Europe and across the Rest of the World to rival clothing retailers SHEIN and from TEMU

Boohoo’s bewidering decision to close customer accounts has pushed many former customers into buying elsewhere

Then, despite the wet British Summer, second hand clothing retailers Vinted and DePop have seen a huge surge in demand for pre-owned and pre-loved Summer clothing, leaving Boohoo PLC with warehouses full of unsold and unwanted stock.

On the corporate front, Boohoo PLC is currently being sued by some large and powerful Institutional shareholders for previous Corporate Governance failings and more recently it was revealed that garment makers in Leicester are also seeking financial redress from Boohoo

We already know that Boohoo PLC has fully utilised its £325 Million Revolving Credit Facility and Lenders including HSBC are sufficiently worried to have engaged debt advisers.

Boohoo’s London office in Soho that originally cost £72 Million has gone up for sale, with an asking price in the region of £50 Million and £60 Million

All this comes on the back of Boohoo PLC revealing back in May that it had swung from having £6 million of net cash on its balance sheet to having £95 Million of net debt on its balance sheet.

Boohoo’s Auditors are due to arrive in early September and another PROFIT WARNING may follow.

Posted at 09/8/2024 19:08 by ukneonboy

95.25% of all Boohoo's shareholders (including Frasers Group) have lost money or are currently losing money on their Boohoo shares.

Investors really should consider whether they fully understand the financial risks associated with Boohoo PLC, and the Kamani family's involvement in the business, factoring in the high probability of them, losing YOUR money !!!

Over 5 Years - Boohoo shareholders have LOST 88.19% of their capital

Over 3 Years - Boohoo shareholders have LOST 89.32% of their capital

Over 1 Year - Boohoo shareholders have LOST 26.53% of their capital

Over 6 Months - Boohoo shareholders have LOST 18.16% of their capital

Over 3 Months - Boohoo shareholders have LOST 23.10% of their capital

Over 1 Month - Boohoo shareholders have LOST 19.14% of their capital

Over 1 Week - Boohoo shareholders have LOST 11.95% of their capital

Source: ADVFN

Retail analysts at Barclays Stockbrokers have advised clients to limit their exposure and be "underweight" in loss making clothing retailer, Boohoo PLC, maintaining their target share price of just 26p per share