No tears should be shed for investors in boohoo.com: an instant halving of the share price is what can happen when you buy shares in online fashion wannabes at sky-high valuations. The reasons given for Wednesday’sprofit warning were mundane: autumn was mild and competitors were active. In other words, online clothes retailers suffer the same pressures as their high-street brethren. This should not be a surprise.Well, it seemed a good idea at the time. I'll survive, Win some, lose some.,,
An occasional glimpse into the workings of the Scottish Parliament and the Scottish Executive (or comments on anything else that takes my fancy).
08 January 2015
No sympathy
The Guardian takes a hard line with those of us seduced into investing in Boohoo:
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment