Agreed! It's really great at summarising key M&A deals and definitely makes what could be otherwise dull news more interesting!Due Diligence is such an entertaining read - always enjoy reading it during breakfast!
Hey Guest, do you have a question for graduate recruitment? Gemma Baker from Willkie is live to answer your questions!
Agreed! It's really great at summarising key M&A deals and definitely makes what could be otherwise dull news more interesting!Due Diligence is such an entertaining read - always enjoy reading it during breakfast!
In other news, Boohoo has added Oasis and Warehouse to its growing portfolio of brands, paying a little over £5 million and expects to grow its revenues by 25% this fiscal year, despite the uncertainty created by COVID-19. This goes to show the importance of having a flexible supply chain model which allows a company to respond quickly to continually evolving market situations and unexpected market events such as COVID-19.
See below:
Boohoo predicts revenue boost as it snaps up Oasis and Warehouse brands
https://www.ft.com/content/5e7b46e1-04b0-4edd-b63b-3fa1f9c88a03
Good question @N21! So in this case, the fact that Boohoo manufactures at least 40% of its products in the UK allows it to react very quickly to market trends whereas other brands outsource entirely to the far east which obviously takes longer to adjust to trends because of the distance that the products have to travel. Also, the fact that it deals directly with its suppliers without using a buying agent or intermediary further makes it a lean but very adaptable model.Hi Daniel! Thank you for the update. But what exactly do you mean by flexible supply chain model?
Following on from this, in today's 'Due Diligence' feature in the FT, the impact of Robinhood investing is laid bare by reference to Hertz which, although bankrupt, is planning on selling $1 billion worth of shares to investors to try and survive restructuring in a move which has left a lot of analysts scratching their heads. This is because, normally, a company would look to restructure its businesses with debt and not equity.
Here is more below - it is really well explained in simple terms, so I'd encourage all those who were a little confused (like I was) as to how this was able to happen to give it a read:
Hertz: buyer beware
https://www.ft.com/content/9cf7759c-7d02-4051-a551-18d15c9986e3
Good question @N21! So in this case, the fact that Boohoo manufactures at least 40% of its products in the UK allows it to react very quickly to market trends whereas other brands outsource entirely to the far east which obviously takes longer to adjust to trends because of the distance that the products have to travel. Also, the fact that it deals directly with its suppliers without using a buying agent or intermediary further makes it a lean but very adaptable model.
Haha I was just about to post the same thing! Great minds and all thatGuys,
Bank of England is going to pump an additional £100bn into the UK economy to maintain the government borrowing costs down. This is another example of quantitative easing together with keeping interest rates 0.1% (never been so low).
https://www.ft.com/content/9c2744fa-5162-489d-b117-18b2df88b6bd
ahahah..you made me laugh and God knows that I needed that.Haha I was just about to post the same thing! Great minds and all that
I completely hear and share those concerns. I think it really is almost a catch-22 for the government because the economy is in such a bad way which could have a disastrous longer-term impact on the country. I think in the big short there's a stat that for every 1% increase in unemployment, nearly 40,000 people die (which has since been factually confirmed) so it could argue that from a longer-term perspective, the economy tanking is potentially worse than COVID-19. What is clear though is that there needs to be a very careful balancing act between economic stability and public healthJust one question guys.
When we think about business there is so much going on behind the scenes but one things is more important than others (personally) and it is people.
Now because of Covid we had to go in lockdown to avoid people dying. After more than 3 months we are the only EU country not being able to lower down the rate infection, nevertheless the government is easing the lockdown.
But if we have such an high rate (1500 new infections as of yesterday only in Brent northwest London), and not essential shops are reopening don't we risk another lock down?
It depends what you're interested in! But for me, I'm subscribed to Due Diligence and ScoreboardMy Uni have just subscribed to the FT - does anyone have any recommendations for which newsletters to subscribe to?