Another "never put money into" like satellites, anything related to China, and airlines. Stay the hell away from textiles man:
The fast fashion group Boohoo has warned that full-year profits and sales will be lower than expected after being hit by more customers returning clothes, delivery disruptions and surging costs.
Shares in the online clothing retailer plunged 15% in response to its second warning in four months, despite its insistence that the current difficulties facing the business were mostly related to the pandemic and therefore “transient in nature”.
And of course...there is that "transient" bull crap being spewed. Transient my ass. Lowest share price in 5 1/2 years via LSE @ 106.05 GBX. Garbage and a value trap to say the least. It's fn' textiles man...lol.