ASOS Plc Stock News

Shares of ASOS plc (LON: ASC) tanked more than 20% on Wednesday after the online fashion retailer reported disappointing results for its fiscal first half. ASOS stock down on widened loss The British

Fast fashion retailer Asos PLC may find itself in need of tens of millions of pounds from the market if its balance sheet doesn't see an improvement soon. The possibility of a rights issue, or share p

Sales dropped 8% during the six months to February on weak trading conditions and restructuring measures.

Asos slipped to a first-half loss but said it remains on track to deliver full-year targets. The online fashion retailer made an adjusted loss before tax of £87.4mln in the six months to 28 February

Asos shares are among the most shorted in London but could conditions in recent weeks help kickstart a comeback for the online clothing retailer? On the other side of the coin, Compass and its inves

ASOS PLC (LSE:ASC), the online clothing retailer, will be hoping that its interim results, due Wednesday 10 May, can get the share price on the climb back to the heights seen during lockdown. Since ea

Asos (LON: ASC) and Boohoo (LON: BOO) share prices have lost the momentum they had earlier this year. After rising to 1,104p in February this year, Asos stock has plunged by more than 30% to 686p.

ASOS And The Fast Fashion Headwinds.

ASOS PLC (LSE:ASC) may need to consider an equity raise due to overly ambitious profitability targets, according to a research note from  Liberum. The boutique investment bank highlighted the fact th

Boohoo is outperforming its online competitor ASOS, said analysts at Jefferies. Jefferies retail trends barometer said one “related observation that has become apparent through February is the outpe

ASOS PLC (LSE:ASC) has bolstered its finance team by naming Sean Glithero as interim chief financial officer. Glithero, who has already joined the business, will take over from Katy Mecklenburgh who

ASOS is ramping up its turnaround plan, using marketplace technology to grow its partner fulfils programme. The fast fashion retailer is working with Mirakl marketplace, a drop shipping solution compa

Doorstep lender Morses Club saw its shares more than halve in value as it prepares to say goodbye to AIM, after telling investors on Wednesday that it intends to re-register as a private company. The

Financial figures were scarce in ASOS' stock exchange trading update, which was heavily dominated by its Driving Change policy. Much of this policy was forced on ASOS as a result of its weak balance s

Tucked away in JD Sports Fashion's impressive trading statement was a pledge to continue investing in its infrastructure to improve its online and in-store offerings. An ever-growing emphasis on provi