LOV 3.52% $36.19 lovisa holdings limited

Are we ready for stardom?, page-24

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    From the Universal Store announcement:
    "Despite a deteriorating macro environment, and increasingly clear signs that the youth customer is seeing pressures on their discretionary spending levels, FY23 is on track to be a year where the Group delivers significant financial and operational milestones"

    AX1 started rolling off a couple of weeks ago as has LOV. Both dumped on masse today. Tend to agree the average purchase price for LOV would be multiples lower than the higher priced brand names in the likes of Accent and Universal.

 
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