Koovs, beat Flipkart on customer service economictimes.indiatimes.com/small-biz/startups/newsbuzz/koovs-amazon-paytm-leave-flipkart-behind-in-customer-experience-survey/articleshow/61733699.cm
Walmart invests in India ecommerce Should be encouraging news for shareholders, if Walmart want in on the Indian ecommerce market?news.walmart.com/2018/05/09/walmart-to-invest-in-flipkart-group-indias-innovative-ecommerce-company
Good RNS today re funding start .....but ...... what will the other fund raising options be ?NO equity dilution is appropriate here .... there has been enough already !!!(Initial funding of the company SHOULD have been MUCH GREATER than it originally was)SAGE
Boohoo results today ...as an example of potential ....Financial HighlightsGroup· Revenue £579.8 million, up 97% (92% CER(6))· Strong revenue growth across all geographies with UK up 95% and international up 99%· Strong balance sheet with net cash of £133.0 million (2017: £58.4 million), following £50 million share placing and with robust operating cash flow of £76.2 million (2017: £36.1 million)boohoo· Revenue £374.1 million, up 32% (29% CER)· Gross margin 51.2%, down 330bps, driven by planned investments in the customer proposition (retail gross margin 53.4% (2017: 56.1%))PrettyLittleThing· Revenue £181.3 million (up 228% on 12-month comparative period)· Gross margin 55.2% (retail gross margin 57.2% (2017 12-month comparative: 57.3%))Nasty Gal· Revenue £24.4 million· Revenue and customer growth both strong from start-up on 1 March 2017· Gross margin 59.6%SAGE
Loving it something BIG emerging? Could we see £2 again?
Oh dear ..... BPS Koovs seems to be suffering from ......Bottomless Pit Syndrome ............SAGE
Re: Serious rescue package now required ... .....Capital raise imminent ? .....and at quite a low price ? ......SAGE
Re: Serious rescue package now required ... Yes but I have stayed away from this one and just have boohoo. Not quite sure what the long term plan here is.
Re: Serious rescue package now required here ......as i said 20-11-17........ is there anybody listening ? ........(No surprises here then at all ...... unfortunately ......)SAGE
Serious rescue package now required here KOOVs needs .....Major marketing and sales initiatives plan, driven by strong, experienced on-line clothing sales executives.A wider range of markets to maintain a bread-and-butter cashflow in the background, meanwhile.Advertising campaign to support the above two. URGENT !!!!!>>>>>..........SAGE
Koovs on souq.com (owned by Amazon) Koovs products are now appearing on souq.com but I hope that there is a lot more to come than just the products currently shown. [link]
i've changed my tune ...... .....ok, i confess, KOOVs is looking like very murky water......SAGE
Another business model reporting .... Record pre-tax profits at ASOSStockMarketWire | Tue, 17th October 2017 - 07:11Pre-tax profits at online fashion group ASOS rose by 145% to a record £80.0m in the year to the end of August.Revenues of £1,923.6m were up by 33% on a year ago - 27% at constant currencies.The group said retail sales growth of 34% to £1,876.5m (2016: £1,403.7m) was once again driven by strong product, proposition improvements and further price investments across major markets.It aid that as previously noted, the continuing FX tailwind enabled reinvestment at a faster rate than initially planned.Retail gross margin increased by 10bps to 48.6% (2016: 48.5%) as price investments in the US, Europe and some RoW territories were offset by a higher full price mix.Delivery receipts grew 18% aided by higher next-day delivery usage and the expansion of Premier globally.Chief executive Nick Beighton said: 'It's been a great year for ASOS, with continued growth in sales and profits.'Our international performance was excellent, as we reinvested FX tailwinds and beneftted from our continually improving customer proposition. In a competitive UK market, we achieved strong full price performance whilst further increasing market share.'At the same time, we ramped up our investment in building the increasingly strong and differentiated ASOS proposition.'Our new agile technology platform is allowing us to accelerate our pace of innovation with great benefits for our customers, including new payment methods and additional language sites to come.'The investments we are making will see us add 1,000 new heads and will lay the foundations for a c.60% increase in unit capacity and c.£4 billion of net sales.'The new financial year shows continuing momentum in the business.'The potential for our company remains huge. We are confident we are positioning ASOS to be the world's number one destination for fashion loving twentysomethings.'SAGE
...Why on earth ....... .......are people selling KOOVs BELOW 30p ??? ....SAGE
RNS and strong price rise Koovs16 Oct 2017 0705Koovs PLCRNS Number : 6210TKoovs PLC16 October 2017 Koovs announces move into UK with capsule collection for Simply Be Koovs plc (AIM: KOOV) announces a new partnership with one of the UK's leading online retail groups, N Brown Group plc ("N Brown", to add the exclusive Koovs Private Label young fashion brand to N Brown's high profile Simply Be offer. The partnership will see a capsule Koovs collection available from Simply Be in exclusive larger sizes from December 2017, followed by a more extensive range for Spring / Summer 2018, rolling out in March 2018. This announcement, and the planned distribution in the UAE through Souq.com which is well advanced and is expected to go live within the next 3 weeks, further accelerates Koovs' international ambitions for its Private Label collection. Mary Turner, CEO of Koovs says: "We are absolutely delighted to be working with N Brown and to bring the Koovs young fashion brand to the UK with Simply Be, a brand that celebrates and empowers all women whatever their size, through fun and exciting fashion." SAGE