ASOMY ASOS plc Unsponsored ADR
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ASOS plc Unsponsored ADR News
ASOS's Lack of Bad News Brings Optimism -- Market Talk
1242 GMT - ASOS shares are up, helped by the absence of any further bad news in the company's 1H earnings, as expectations were already low and shares were at their lowest level since 2009, AJ Bell in
ASOS's Margin Set to Improve After Stock Clearance -- Market Talk
0655 GMT - ASOS's 1H performance shows that the online fashion retailer is making significant progress with its turnaround strategy and is getting set for growth in the 4Q, Berenberg analysts say in a
ASOS Backs Targets After Losses Narrow, Names New CFO
By Michael Susin ASOS backed its guidance for the fiscal year after losses narrowed in the first half, when core profitability began to improve under a new turnaround strategy, and named its new fina
ASOS Faces Rising Competition Headwinds -- Market Talk
1010 GMT - ASOS revenue could come at the bottom end of guidance for FY 2024 due to increasing competition pressures, Shore Capital analysts Katie Cousins and Clive Black write in a note. Rival online
ASOS, Boohoo's Green Claims Framework Could Harm Margins -- Market Talk
1007 GMT - Although the U.K. regulator hasn't found that retailers ASOS, Boohoo and Asda's George breached consumer protection law regarding green claims around their products, it is clear that the Co
Fast Fashion Retailers Asos and Boohoo Forced to Clarify Green Claims
Major UK fast fashion retailers have been forced to change the way they promote the environmental credentials of their clothes after being accused of greenwashing by a UK watchdog.
ASOS, Boohoo and Asda Agree to Clarify Products' Green Claims
By Michael Susin Fashion retailers ASOS, Boohoo, and George at Asda have signed agreements to only use accurate and clear green claims, following a sector review on concerns of greenwashing, the U.K.
ASOS's Continuing Sales Drop Is Extremely Worrying, AJ Bell Says -- Market Talk
1005 GMT - ASOS's 1H showed a continuing sales decline, which is extremely worrying as it suggests that either the choice of products is wrong or customers are shopping elsewhere, AJ Bell investment d
ASOS Backs Guidance as Turnaround Plans Progresses
By Michael Susin ASOS backed its fiscal 2024 guidance, supported by further progress in its turnaround plans despite reporting a fall in first-half sales. The online fashion retailer on Tuesday said
Frasers Further Raises ASOS Shareholding
By Michael Susin ASOS said that Frasers Group has acquired more shares in the company. The online fashion retailer on Tuesday said Frasers raised its voting rights attached to shares to 16.39% from
ASOS's Strategy Shows Potential as FY 2024 Prospects Seen Derisked -- Market Talk
1019 GMT - ASOS's "Back to Fashion" strategy brings a different offer compared to peers, despite the tough competitive environment, as it shifts toward a more fashion-focused online operator, Deutsche
ASOS Started at Buy by Deutsche Bank
ASOS Started at Buy by Deutsche Bank
ASOS Sale of Topshop Would Bring Liquidity as Profit Deteriorates -- Market Talk
1129 GMT - ASOS's mid-term guidance is well below expectations and liquidity could worsen on the back of lower profitability and cash generation, Citi analysts say in a note. The online fashion retail
European Stocks Rise As Investors Eye Fed Rate Decision -- Market Talk
1319 ET - European stocks rise as investors stay upbeat ahead of the US Federal Reserve's interest-rate decision later. The Stoxx Europe 600, DAX and CAC 40 gain about 0.7% while the FTSE 100 advances
Correction to ASOS Article
ASOS has reported a widened pretax loss for fiscal 2023 "ASOS Swings to Pretax Loss on Higher Investments, Inventory Management," at 0811 GMT, incorrectly said that the company had swung to a pretax l
ASOS Swings to Pretax Loss on Higher Investments, Inventory Management
By Najat Kantouar ASOS has reported a swing to pretax loss and double-digit revenue decline for fiscal 2023, reflecting investments and strong inventory management, and said it expects sales for fisc
ASOS Selling Topshop Might Offer Financial Help But Raises Long-Term Viability Questions -- Market Talk
1343 GMT - ASOS sale of the Topshop brand to U.S.-based Authentic Brands Group could offer a financial lifeline, but it could also raise questions about its long-term viability, Shore Capital analysts
ASOS's Talk of Potential Topshop Sale Lifts Shares -- Market Talk
1230 GMT - ASOS is undergoing a 12-month turnaround plan and according to media reports it is exploring selling its Topshop brand, Interactive Investor analyst Victoria Scholar says in a note. The edu
ASOS Mulls Topshop Brand Sale, Sky News Reports
--Online retailer ASOS is considering the sale of high-street fashion brand Topshop, Sky News reports, citing anonymous sources. --It isn't clear that a sale is certain or how much might be raised fr
ASOS FY 2023 Earnings to Be Delayed One Week; Backs Previous Guidance
By Ian Walker ASOS said that its fiscal 2023 earnings will be delayed by one week to enable its auditor to complete work and that its performance is in line with guidance given last month. The onlin
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