RBC lifts Kingfisher and ASOS targets as UK shoppers face a tougher 2027
Broker cuts JD Sports target and trims Sainsbury's forecasts, favouring retailers that can improve their own profits
Company
ASOS PLC
LON:ASC
Asos.com is the UK's largest online fashion and beauty store, attracting over one million visitors a week. Asos.com is traded in the NEX Exchange HERE
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FTSE 100 climbs as Royal Mail a takeover target; Thames Water to increase debt
Blue chips chalked up gains after Tuesday's falls
ASOS stock surplus “suffocates sales”, says Stifel
Analysts at the firm said elevated stock levels are impacting sales and profit
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FIVE at FIVE: ASOS sales slip; Water firms refund; BT goes digital; FTSE 100 flat; Meta's massive break fee
Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news
Asos, M&S and Primark to feel pressure as prices fall
An anticipated fall in clothing prices next year could leave some retailers feeling the pinch, analysts have said
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FTSE 100 ends in firm territory on US debt ceiling optimism
At the close, the FTSE 100 had gained 0.7% to close at 7,627 points