Brexit could hamper turnaround of Carpetright and other UK retailers, says Deutsche Bank
Deutsche Bank downgraded its rating on Carpetright but upgraded ASOS as it took a look at the European non-food retail sector
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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TomCo dives as chief executive hands in his notice
Some of the main news-driven risers and fallers in London on Tuesday…
ASOS upgraded by Deutsche Bank as part of New Year review of retail sector
Deutsche Bank has identified a number of themes for the retail sector: continue to favour online clothing sellers over bricks & mortar operations; beware of "value traps" and turnaround plays
FTSE 100 closes in red as UK manufacturing growth slows more than expected
The FTSE 100 gave up some of the gains made on its recent record-breaking run, with the pound's rise partially to blame
ASOS's price target raised by RBC Capital Markets
ASOS trades on a massive earnings multiple but RBC remains a fan, believing it has "deep competitive moats"
Cyber Monday: Amazon, BT and Argos among big brands to slash prices
Amazon is holding so-called ‘Lightening Deals’ while BT is offering discounts on broadband packages
ASOS in fashion as HSBC upgrades its stance to 'buy' from 'hold' following recent results
A look at some of the biggest risers and fallers today in London
Greatland Gold surges again after Ernest Giles project extension move
A look at some of the biggest risers and fallers today in London
Asos profits up 145%, online retailer bullish on the outlook for current year
Revenues grew by 33% to £1.92bn for the 12 months ended August, while pre-tax earnings were up 145% at £80mln
Investments and investor services
FTSE 100 ends in the red amid Brexit jitters and rise in UK inflation
The FTSE 100 index closed down 10.8 at 7,516 on the day
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ASOS's guidance for current year the main focus
We already know revenues for the year just gone will be at the top end of analysts' forecasts
Archive
UK inflation and jobs data to show real wages remain under pressure
The Week Ahead includes economic data on UK jobs, inflation and retail sales along with full year results from ASOS and Bellway and trading updates from Travis Perkins, Merlin Entertainments, Unilever and Intercontinental Hotels Group
ASOS no longer out of fashion at Credit Suisse
The valuation premium versus ASOS’s peers is now at its lowest in a year
New Look sees no sign of tough UK fashion retail market letting up as first quarter sales fall
New Look's chief executive Anders Kristiansen expects challenging market conditions to persist into 2018 amid Brexit uncertainty
UK online fashion retailer ASOS invests in USA where sales are growing
The new warehouse, near Atlanta, Georgia will have space for 10mln items..
ASOS expands in US with US$40mln investment in new warehouse near Atlanta
ASOS said the new US warehouse marks a “significant progression” in its global expansion
ASOS and Boohoo face new AIM rival as fashion retailer Quiz set for £200mln IPO
Quiz looks set to fetch a market value of £200mln in its initial public offering
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ASOS seems happy to be AIM's standard bearer
ASOS is almost the size of a FTSE 100 company, so why is still listed on AIM?