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SEE THE ASX TECH STOCK ADDRESSING THE $40B FASHION PROBLEM, page-9

  1. ckc
    35 Posts.
    Anyone also looking at the store closures as another potential level to pull cash flow wise? I calculate inventory of roughly $100K/store (if we use the previous closures of 300 stores as a proxy, its more like $200K), and management has suggested more closures are coming.

    If they do run into the hundreds as indicated, it’ll be pretty significant relative to the current market cap.
 
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