ASOS and Barratt lead corporate diary for Wednesday
Also scheduled to deliver updates and figures are fishing tackle retailer Angling Direct and recruitment firm PageGroup
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
437 stories · page 10 of 22
Archive
FTSE 100 fades below the flatline, US markets buoyed by tech
An end to volatility ... it has been a very subdued day in London
ASOS and Boohoo Group shares strut higher on rival upgrade read-across
The Zalando update comes ahead of final results for ASOS due next Wednesday
Archive
Small Cap Movers: Guild Esports kicks off dealings in London
A look back at some of the more interesting stories from London's junior market this week
ASOS launches eco-friendly circular collection
The circular economy is a systemic approach to economic development to reuse existing resources rather than depleting the planet’s
ASOS upped to ‘hold’ as Liberum says fashion firm catching up on lost ground
Liberum said the company’s lower return rate had been a key driver of ASOS’s recent stronger trading, however, they said it was “unlikely to remain this attractive in the future as consumer return to usual shopping patterns"
ASOS in fashion as it upgrades profit forecasts following stronger demand
The online fashion firm's revenue growth for the full year is now expected to be between 17%-19% with pre-tax profit in the region of £130mln-£150mln
ASOS to pay back furlough money amid strong profit expectations
In the four months to June 30, revenue advanced 9% to £1bn as customers turned to 'lockdown' products
Credit Suisse revises up target prices for ASOS, B&M, Next but demand may be subdued during the summer
Analysts said excess promotions, adverse weather and the end of government furlough schemes could be a cause
Retail survivors can become thrivers in sector revolution, says Peel Hunt
The broker selected those companies which strengthened their competitive position, customer relevance and online share as top picks
ASOS upped to ‘overweight’ as JP Morgan says firm is ‘stronger’ following recent challenges
The bank also said following a £247mln fundraising last week the clothing giant had "sufficient funds" to manage through the coronavirus crisis
ASOS upgraded to ‘buy’ by Jefferies over expectations of market share gains
Analysts expect the online retailer to benefit from shop closures
ASOS moved to ‘sell’ by Liberum as fundraise “may not be enough” to survive pandemic
Target price and forecasts remained under review as analysts wait for more clarity on the retailer's stocks and finances
ASOS raises £247mln in placing as sales drop by a quarter amid coronavirus disruption
The retailer also extended a debt facility to cope with customers prioritising spend elsewhere
Archive
FTSE 100 closes in red but 'watched for selloff refuses to arrive'
Britain's top share index finished the day down around 26 points at 5,677
ASOS upgraded to ‘buy’ by Berenberg as confidence restored
The price target was upped to 4,200p as analysts believe the problems were caused by capacity constraints rather than weaker consumer sentiment
ASOS posts “better than expected” sales driven by Black Friday
The online fashion retailer added “there is still much work to be done” to make the most of this “encouraging” start of the financial year
Archive
FTSE 100 closes in red as China virus fears mount
Britain's blue-chip index finished down over 64 points at 7,507. The midcap FTSE 250 plunged over 222 points to 21,540
ASOS cut to ‘underweight’ as Morgan Stanley says medium-term forecasts “much too high”
Despite their downgrade, the investment bank stressed that it was not “making a ‘call’” on the company's Christmas trading statement later this week
Archive
FTSE 100 closes lower as IMF's global growth downgrades spook traders
The FTSE 100 index finished around 23 points lower at 7,651, while the FTSE 250 shed over 39 points at 21,847