Shares in this UK-listed online fashion retailer are turning into a hot recommendation for me. The latest price is 385p against my recommendation prices of 140.5p, 234p and 290p.
I think this one could be a monster. They are growing like no tomorrow or ‘like stink’ to use chief executive, Nick Robertson’s evocative phrase. One example of just how fast they are growing; turnover for the whole of 2001 was £1.70m but they have recently had their first £1m turnover day.
I am assured that we cannot multiply £1m by 365 to work out what turnover is going to be for the current year but clearly we can expect a big leap on the £81m reported for the last trading year to 31 March 2008.
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Changing spending habits
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