Bleak times for ASOS PLC (LSE:ASC), which may shortly be cash-strapped after a leading credit insurer cut its cover for its suppliers. The online fashion retailer looked to move quickly and reassure
Asos (LON: ASC) share price plunged by more than 11% on Monday as worries about the company continued. The stock plunged to a low of 470p, which was the lowest level since February 2010.
ASOS PLC (LSE:ASC) confirmed, in response to media speculation over the weekend, that it is in the final stages of agreeing on an amendment to the future financial covenants in its revolving credit f
British online fashion retailer ASOS is in talks with lenders to amend the terms of its 350 million pound ($391 million) borrowing facility, it said on Saturday.

ASOS: A Great Business On The Operating Table

02:29pm, Friday, 14'th Oct 2022
ASOS has profitably grown revenues every year since its inception in 2000 and is now a £4Bn revenue fashion e-tailer operating across 200 countries in 10 languages. With regard to COIVD, ASOS experie
ASOS PLC (LSE:ASC) might be a potential buyout target according to retail guru Clive Black at Shore Capital even though he rates the online fashion retailer as a 'sell'. Ahead of the online fashion r
European clothing retailer Zalando can meet consensus estimates, said Barclays, despite current headwinds in the sector and profit warnings from competitors. Analysts at the bank noted that consumer s
Asos's profit warning won't be the last one it issues, analysts at Liberum warned today, arguing it suffering from its own internal problems aside from a challenging environment. Liberum kept its 'hol

ASOS profits to be at 'bottom end' of guidance

02:57am, Friday, 09'th Sep 2022
ASOS PLC (LSE:ASC) (ASOS PLC (LSE:ASC)) has cautioned that adjusted pre-tax profits and net debt will be at the bottom end of company guidance, with constant currency sales growth of around 2% and ne
Peel Hunt has halved its target price for ASOS PLC (LSE:ASC) after cutting its full-year profit forecasts, as it feels the clothing firm's early autumn/winter collection release is not catching cust
ASOS PLC (LSE:ASC) removed its sustainable clothing range from its website weeks before the Competition and Markets Authority (CMA) launched an investigation into ‘greenwashing' by the retailer. Acc
Asos (LON: ASC) share price dropped sharply on Wednesday after the company's Chief Operating Officer (COO) and Chief Financial Officer (CFO) left. The stock dropped to a low of 888p, which was the low

ASOS says Mat Dunn to step down as CFO and COO

03:46am, Wednesday, 17'th Aug 2022
ASOS PLC (LSE:ASC) said chief operating officer and chief financial officer Mat Dunn will step down from his roles as part of a phased plan as the online fashion retailer restructures its executive te
Online fast fashion retailers Asos and Boohoo haven't had the best of years. War in Ukraine, rising inflation and the cost-of-living crisis led to both the companies issuing profit warnings.
ASOS PLC (LSE:ASC) said it will co-operate with the Competition and Markets Authority's (CMA) investigation after the regulatory body said it will look into ‘green' claims made by the fashion retail
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