The company has a deficit of net assets, even after an emergency...

The company has a deficit of net assets, even after an emergency capital raising.
It has been mauled on A Current Affair for poor customer service. Trust Pilot reviews shows the extent of the issue.
It paid a penalty for selling dodgy hand sanitiser during the pandemic.
A few years ago its plan was to open 100 stores per year, now it has closed hundreds. Not all of them would have been duds; some landlords would have dug their heels in.
On-line sales growth may have stalled as shoppers get back to the shopping centres.
Products are sourced from China and the supply chain must be under pressure.
How good was Mothers Day against expectations, budgets and a 'normal' year?
Look at the 5 year graph: this is a private equity play gone badly wrong, all at the hands of the current management.
Hard to think of a reason to buy IMO.