image

The best stocks to buy since 1993

Our latest issue will be released in 13 days, don't miss out!

Boohoo Group - Enters beauty space with Debenhams acquisition

March 2021

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • BOO
  • Price:
  • 363p
My teenage daughters weren’t impressed to see Boohoo, which recently faced modern slavery investigations, mopping up several more fashion brands. These have been funded from existing cash, which stood at £386.9m on 31 December.Bigger of the two deals is Debenhams, including its website (debenhams.com), customer lists and brands (but none of its 124 stores) for £55m.  In the year ended 31 August 20, Debenhams’ online business generated sales of c.£280m across its marketplace (c.£100m), beauty (c.£80m) and own brand fashion (c.£100m). Many investors wouldn’t even have been aware that Debenhams operated a marketplace as it appeared an integral part of their offering but ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

LIMITED PERIOD OFFER!

SUBSCRIBE TODAY AND SAVE £30 WITH OFFER CODE 30OFFSCSW

To access our archive of articles and to receive current issues you need to subscribe