Previously writing on womenswear online retailer In The Style (ITS), in April with the shares at 92.5p I questioned it stating “very well positioned to continue its impressive growth and improve its profitability”. So what of now a results statement... and the shares currently further down to around 50p?
Womenswear online retailer In The Style (ITS) has announced revenue growth “marginally ahead of the guidance issued by the company in January 2022. Adjusted EBITDA margin will be in line with that guidance at 1%… very well positioned to continue its impressive growth and improve its profitability”. So what does that mean financially?...
Womenswear online retailer In The Style (ITS) states it “is pleased to provide an update on Christmas trading for the eight weeks to 31 December 2021 as well as an update on its board of directors”. The shares though are currently down to 91p, so what’s the story?...
Previously writing on online womenswear group In The Style (ITS), in late September with the shares down to 165p I concluded it’s still a bargepole for this AIM Awards shortlisted ‘Diversity Champion’ and ‘Best Newcomer’ (natch). Now results for its half-year ended 30th September emphasising “a period of very strong revenue growth across all channels against an exceptional prior period”... and the shares currently further down towards 90p...
On listing on AIM in March I concluded on online womenswear group In The Style (ITS), listing at the “top of the valuation range” price was 200p per share, to capitalise the group at £105 million. With that and concern on the sustainability of recent performance; the noted selling shareholders having likewise and hence their selling now?, I certainly currently avoid. I concluded similarly cautiously more recently with the shares at 226p. Today an AGM trading update – and the shares currently down to 165p!
Self-styled “digital womenswear fashion brand with an innovative influencer collaboration model” In The Style (ITS) has announced results for its year ended 31st March 2021 “following the group's successful Admission to the London Stock Exchange's AIM on 15 March 2021”. The shares have currently responded slightly up to 226p, comparing to a 200p per share IPO but also approaching 250p in April.
