Boohoo Share Price

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Comments

  • richtips86
    richtips86 Posts: 42 Forumite
    Seventh Anniversary 10 Posts Combo Breaker
    edited 25 December 2021 at 10:23PM
    I’ve traded Boohoo quite a bit so fond of the share, if not the company! I read an interesting article today (but now can’t find the link) that showed a growing willingness from Millennials to rent clothes / buy second hand rather than go for fast fashion due to growing concerns of impact on environment!

    Perhaps a company that’s had its day?
  • adam06_2
    adam06_2 Posts: 87 Forumite
    Seventh Anniversary 10 Posts Name Dropper Combo Breaker
    edited 27 December 2021 at 12:37AM
    Wow, boohoo used to be one of my best preforming shares. I sold out around the September peak as the media attention didn't look good...

    With covid meaning people are not going out as much, so don't want a new outfit every weekend combined with extra costs of auditing, inflation, a bad rep putting coustomers off and them having to actually pay minimum wage to staff.

    The company just seems dodgy in general, I won't be buying back in no matter how far it falls.

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