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Poundland: blame those damn loom bands!

By Chris Bailey, Financial Orbit | Friday 19 June 2015


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Hands up if you know someone who is still crazy about loom bands? If I had asked that question a year ago I would have been inundated by parents bemoaning the hundreds of tiny plastic bands everywhere in their homes not to mention the number of ‘right on’ people actually wearing the luminous creations.  But today?  Tumbleweed…


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