STP 0.88% $1.73 step one clothing limited

Ann: FY22 Results Presentation, page-12

  1. 1,629 Posts.
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    The product is easilly replicable. You get cheaper version at Kmart (good quality) and now Nike etc started their own range of underwear. STP had initial advantage of the first mover but that's it. Great IPO for the owners and those who stagged on day one. Not that great for long term investors.
 
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