Boohoo Share Price

richtips86

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

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.