Partnership with GO-TO and Equity Raising Presentation
GO-TO
Impact of COVID-19
While the duration of the current lockdowns is unknown, BWX expects there to be ongoing volatility in
the trading environment in the near term until government mandated restrictions are reduced - which
has impacted Mecca's physical stores in a number of states
Mecca is an important partner for Go-To, with Mecca's high touch, high service network of 100+
boutiques across Australia and New Zealand and important driver of Go-To's brand extension, NPD
rollout and new customer acquisition
While the duration of the current lockdowns are unknown, BWX's expects there to be ongoing volatility
in the trading environment in the near term, until government mandated restrictions are reduced
Despite this, the long term outlook for Go-To remains strong:
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no impact to Go-To's supply chain;
59% of sales from the domestic DTC channel and 63% from the global DTC channel;
strong e-commerce penetration and attractive customer retention;
robust NPD pipeline with expected product roll out from September;
significant brand equity; and
partnership with BWX which will accelerate international expansion plans
Go-To's 1HFY22 financial performance will be impacted by the COVID-19 related disruptions with
financial performance during the COVID-19 disruptive period below historical levels
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