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LON:ASC

ASOS PLC

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Market:
LON
Market Cap:
£19.1 m
Price
£22.68
Change
-2.16%
52 weeks high
6256.00
52 weeks low
2033.00

Viewing results 1-25 of 185

Retail & consumer

ASOS and Amazon would be hardest hit if government brings in online sales tax, claims UBS

Pressure is growing on the government to level the playing field and cut levies for bricks-and-mortar retailers while hiking taxes for the online bunch ...

6 days, 1 hour ago
Retail & consumer

ASOS shares come under pressure as short-sellers tighten the screw

Since the start of August, three investment firms have increased their short positions in the online fashion giant...

6 days, 2 hours ago
Retail & consumer

Berenberg's scoops from the retail front line: sell Asos buy ABF

Asos was downgraded to ‘hold’ from ‘buy’ but the analysts said the e-retailer's problems are “far from insurmountable”...

3 weeks, 1 day ago
Retail & consumer

ASOS shares lifted by Morgan Stanley upgrade

After last week’s profit warning-inspired plunge, Morgan Stanley believes ASOS is now fairly valued...

4 weeks ago
Retail & consumer

Morgan Stanley upgrades Asos as growth expectations have been 'fundamentally reset'

The investment bank's upgrades upgraded its rating on the online clothes retailer to ‘equal-weight’ from ‘underweight’...

4 weeks ago
Retail & consumer

Barclays not convinced ASOS management has what it takes to crack America

The huge US opportunity is still there, says Barclays, but its confidence in the management team to grasp it has “significantly reduced”...

on 19/7/19
Retail & consumer

Recent profit warnings put a £200mln dent in ASOS founder’s net worth

Nick Robertson’s stake in the online fashion retailer has plunged after two recent profit warnings, and he’s not the only retail mogul to have suffered in recent years...

on 18/7/19
Retail & consumer

ASOS predicts 70% plunge in annual profits as teething troubles with new warehouses persist

The opening of the new distribution hubs in Atlanta and Berlin was supposed to lead to a sales surge for ASOS, instead, they’ve caused nothing but problems...

on 18/7/19
Retail & consumer

ASOS set for jobs cull at London head office – reports

ASOS is looking to keep a lid on its costs as it recovers from a near-90% plunge in profits in the first half of its financial year...

on 8/7/19
Retail & consumer

ASOS shares tumble as UBS removes ‘buy’ recommendation amid US margin concerns

ASOS is trying to drive top-line growth by trimming its prices, particularly in the US, where promotional activity is up 10% year-on-year, according to UBS's data...

on 25/6/19
Retail & consumer

Sports Direct sells 'gulag' Shirebrook warehouse for £120mln

The FTSE 250 sportswear retailer, run by infamous retail tycoon Mike Ashley, said the deal was expected to complete by 21 June, after which it would sign a 15-year lease on the site...

on 28/5/19
Retail & consumer

Shore Capital removes ‘buy’ recommendation for boohoo, says shares are ‘fairly valued’

Boohoo shares have shot up by more than a fifth over the past month, following a strong set of full-year results...

on 20/5/19
Retail & consumer

Five things Primark is doing right to avoid same fate as Debenhams and House of Fraser

With the launch of its Birmingham megastore, Primark is giving customers a shopping experience –a trend Liberum analyst Robert Waldschmidt thinks other retailers will follow to improve footfall ...

on 11/4/19
Retail & consumer

Quiz to "work productively” with collapsed Debenhams as it keeps previously downgraded earnings forecast

“We note the recent announcement from Debenhams PLC that whilst they have entered into administration the underlying operating companies continue to trade as normal with suppliers expected to be unaffected,” Quiz said...

on 11/4/19
Retail & consumer

ASOS results illustrate the truism that online retailing is all about delivering, as costs jump on warehouse spending

Russ Mould, investment director at AJ Bell pointed out: "The pressure is on for ASOS to sustain its reputation of fast growth and management will be hoping that the current hiccups will go away without any more shocks”...

on 10/4/19
Retail & consumer

ASOS shares firm as it maintains full-year guidance although first-half profits plunge on higher costs

“ASOS is capable of a lot more,” said chief executive Nick Beighton ...

on 10/4/19
Retail & consumer

Another shock on the cards for ASOS investors in Wednesday’s interim results?

A Sunday Times article over the weekend suggested that half-year profits could plummet by almost 90% ...

on 9/4/19
Retail & consumer

ASOS shares dive as millennials react with horror to returns policy changes

ASOS is cracking down on customers who it suspects of buying clothes to wear just once and then ship them back...

on 4/4/19
Retail & consumer

ASOS stumbles again as teething troubles at new Atlanta warehouse knock US sales

The distribution centre in Atlanta went fully online last month but the 700 or so workers struggled to keep up with the sheer volume of orders coming through...

on 19/3/19
Retail & consumer

What went wrong with ASOS’s US business last month?

In short, ASOS hadn’t employed enough workers at its new warehouse in Atlanta to deal with an “unprecedented” spike in demand across the pond...

on 19/3/19
Retail & consumer

Britvic names new chief financial officer to replace Matthew Dunn who is leaving to join ASOS

The FTSE 250-listed group said Joanne Wilson is currently chief financial officer at customer data science company, dunnhumby, which is owned by Tesco PLC...

on 11/3/19
Retail & consumer

Why it makes no business sense for Primark to move online

Because Primark’s clothes and accessories are so cheap, the shipping and return costs are often more expensive than the cost of the goods themselves...

on 25/2/19
Retail & consumer

ASOS’ Christmas sell-off was overdone, says RBC, as it lifts fashion retailer's price target

More than £1bn was wiped from ASOS’ value in December on the back of a shock profit warning, but RBC thinks the sell-off was overdone, although it has created an “opportunity” to buy the stock...

on 1/2/19
Retail & consumer

Boohoo cries tears of joy as it raises full year revenue guidance

"We are delighted to be reporting yet another great set of financial and operational results and would like to say a very big thank you to all our team and customers,” said joint chief executives Mahmud Kamani and Carol Kane...

on 15/1/19
Retail & consumer

How JD Sports bucked the high street doom and gloom once again

Analysts reckon it’s a combination of factors, although most of thing come back to the same thing: JD sells things that today’s youth want to buy...

on 14/1/19