Asos chief executive Nick Beighton unexpectedly announced that he is to step down with immediate effect from the U.K.-based online fashion retailer this morning, with Asos warning that the supply chai
Fashion retailer Asos ASC, -14.99% plunged 15% in early London trading after a profit warning and announcing the surprise departure of its chief executive. Citing supply-chain issues and higher costs,
ASOS PLC said it has agreed with Nick Beighton that he should step down as chief executive so a new person can lead its plan to reach £7bn annual revenue over the next four years. Beighton has led th
By Jaime Llinares Taboada
Asos PLC and Primark have both come out with pledges to make their clothing more sustainable, as competition among fast-fashion retailers has reached boiling point this year. The environmental, social
British online fashion retailer ASOS Plc said on Thursday it aimed to become carbon neutral in its direct operations by 2025, as part of its environmental, social and governance (ESG) goals.
Speculation continues to build that Asos PLC and Boohoo Group PLC's Chinese rival Shein is plotting a US$47bn IPO in New York, with several key appointments made in recent weeks.  The publicity-avers
boohoo Group plc, ASOS PLC and Associated British Foods plc's Primark are set to benefit from international crackdowns on Chinese giant Shein, according to Credit Suisse. The online fast-fashion group
Asos PLC will next month hold its first ever capital markets day and this could be the catalyst to help its shares reach a fair value around 85% higher than current levels, reckons broker Berenberg.
ASOS PLC has had its target price trimmed by JP Morgan, which is now predicting profits to dip in the current year. Annual results to end August 2021 are due next month and JPM's forecast is unchang
Deutsche Bank made a host of initiations across the European apparel sector. Oddly, the number crunchers there appear to like the UK groups on its shopping list.
Asos PLC and Boohoo Group PLC have not only lost their crowns as the former kings of AIM but are facing increased competition from fast-growing Chinese upstart on both sides of the Atlantic that is re
ASOS PLC (LON:ASC) shares have fallen so much this morning that the online retailer has almost been knocked off its throne as the junior market's largest company. Shares in the owner of the Topshop,
ASOS PLC (LON:ASC) shares have fallen so much this morning that the online retailer has almost been knocked off its throne as the junior market's largest company. Shares in the owner of the Topshop,
Online fashion retailer ASOS reported a 21% rise in sales in the four months to June 30 but said trading in the latter three weeks was more muted as uncertainty over COVID-19 and poor weather, particu
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