Decent QR and dividend plus confirmation no affect on business in this region. I see no cause for concern.
We will be celebrating our 40th anniversary since the founding of The Body Shop Malaysia in Kuala Lumpur in 1984. In the context of continued economic and geopolitical uncertainty, we remain confident of our ability in navigating challenges, having received assurance from the brand principal to continue supporting our business growth despite their ongoing restructuring in the UK. Our priority in 2024 would be to ignite growth in all our markets, focusing on customer recruitment, productivity improvement of existing stores, and acceleration of digital channels’ contribution through strategic marketing initiatives.
Barring unforeseen circumstances, we expect the Group to achieve better results for the full year of 2024, though quarter-on-quarter performance will be subject to seasonal fluctuations
Posted by speakup > 1 hour ago | Report Abuse Body Shop UK bankrupt, how does this affect it's franchiser in Malaysia ?
just to express my view i don't know how does this affect it's franchiser in Malaysia but this incident leads me to another question: does Innature over reliant on only 1 supplier to its business? is this healthy to a listed company?
next time hor.. you can eat burger and shop for Body Shop products at the same time hehe. on a more serious note, is this a good match? weird match? technically, both are consumer products, and branding is important. but at the same time, personal care products and restaurants seem like a weird combination. what it does tell though (at least to me), the Body Shop business is facing great headwinds.. perhaps ppl buy less, and there are so many more options in the market (korea brands, japan brands, online brands etc etc), potential impact from Body Shop's bankruptcy. Do you know Body Shop has filed for bankruptcy in the UK, USA and Canada?? btw, Innature buying Burger & Lobster is a related party transaction. B&L is owned by the owners of Innature.
The Body Shop is all about animal's rights by not testing new cosmetics on them. In addition, most Body Shop products are vegan. I don't see how Burger & Lobster aligns with these principles. We go there to eat animals. Maybe it is a belated April Fool's joke?
Coffee Can, haha.. that's a very interesting point! One of the core values of Body Shop is "Vegetarian and Vegan Friendly" Link is here: https://www.thebodyshop.com/en-gb/about-us/brand-values/a/a00006 So, Body Shop = no animal cruelty. Burger & Lobster = eat meat/lobster. the more you eat, the better the biz. opps, how to reconcile ar then? 🤣
I'm not sure i see any end of the tunnel of recovery for this stock. It just keeps dropping daily. Profits are dwindling as other cosmetic brands pop up with better pricing. And now F&B left hand to right hand. If no clear direction is given, this is heading below 20sen.
A surprise profit despite lower than previous year. Up 20% in one day but volume is too small. It needs better coverage and announcements to push itself back up to 28sen level.
LONDON: Growth capital firm Aurea on Saturday announced the completion of its acquisition of UK-based cosmetics group The Body Shop, renowned for ethical hair and skin products.
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Nice149
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Posted by Nice149 > 2023-12-13 12:13 | Report Abuse
This is low liquidity stock targeted by operators.