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$3.33
-0.170 (-4.86%)
At Close: Jun 03, 2026
ASOS Plc: Becoming Stronger With Every Quarter
11:40am, Wednesday, 16'th Oct 2024
The new CEO is driving much-needed change for a struggling retailer. With improved operations, the company is reporting the best H1 free cash flow since 2017. Topshop divestiture and bond rollover are
ASOS finalises sale of Topshop to Danish clothing group
08:44am, Wednesday, 09'th Oct 2024
ASOS PLC (LSE:ASC) has completed the majority sale of its Topshop and Topman brands to Heartland, the holding company of Danish multinational clothing business Bestseller. Heartland now owns 75% of th
ASOS has more upside than previously thought following Topshop sale, reckons Berenberg
04:18am, Wednesday, 02'nd Oct 2024
ASOS PLC (LSE:ASC) received a mixed response from City analysts when it announced the Topshop disposal in September, but recent analysis from Berenberg suggest there could be more upside to the online
ASOS slashes debt on refinancing after Topshop sale
02:36am, Wednesday, 11'th Sep 2024
ASOS PLC (LSE:ASC) has confirmed its net debt position has been slashed after a refinancing following the fashion group's sale of majority stakes in Topshop and Topman. Net debt has been wound down by
ASOS' Topshop disposal should be seen as a positive, says Deutsche Bank
11:02am, Friday, 06'th Sep 2024
Equities analysts at Deutsche Bank see a long-term benefit to ASOS PLC (LSE:ASC)'s decision to divest the majority of its Topshop and Topman ownership to the Danish holding company of Bestseller. ASOS
Topshop disposal not enough to move the ASOS dial, say analysts
08:22am, Thursday, 05'th Sep 2024
ASOS PLC (LSE:ASC) shares rallied 20% to a 12-month high on Thursday following news that it intends to sell the lion's share of its Topshop and Topman brands to a Danish clothing group. This rally, ho
Topshop to relaunch after ASOS sells majority stake to Danish clothing group
02:50am, Thursday, 05'th Sep 2024
ASOS PLC (LSE:ASC) has announced the creation of a new joint venture in which 75% of its Topshop and Topman brands will be controlled by Heartland, the holding company of Danish multinational clothing
UK online retailer ASOS upbeat on annual profit despite sales warning
02:19am, Thursday, 05'th Sep 2024
British online retailer ASOS said on Thursday it expects its annual sales to be slightly below its previous forecast, but guided adjusted core profit at the top end of market expectations.
Asos urges workers to return to office
07:14am, Thursday, 20'th Jun 2024
ASOS PLC (LSE:ASC) is urging its staff to return to the office, warning staff that virtual meetings have a “detrimental” impact on company performance. Meetings regarding projects, brainstorming,
Asos and Boohoo profits to take hit as demand falters – broker
09:04am, Wednesday, 29'th May 2024
ASOS PLC (LSE:ASC) and Boohoo Group PLC (AIM:BOO) profits are set to be hit by weakened demand, increased competition and at-risk margins, analysts have warned. Following lacklustre results from both
Reliance Retail to sell UK's ASOS apparel in India
07:06am, Thursday, 16'th May 2024
India's Reliance Retail entered a partnership to sell British online retailer ASOS' products in India, the Reliance Industries unit said on Thursday.
ASOS may face liquidity event as convertibles deadline looms - analyst
04:47am, Wednesday, 08'th May 2024
ASOS PLC (LSE:ASC) has received a damning review from Liberum, which noted time was ticking for the fashion retailer to improve cash generation. Some £500 million worth of convertibles are due for re
'Sell' ASOS says bank as concerns still linger, says bank
04:55am, Thursday, 18'th Apr 2024
Liberum has reiterated its 'sell' recommendation for ASOS PLC (LSE:ASC), with a target price of 360p, expressing concerns about the online retailer's recovery and financial health. In a detailed anal
ASOS's revenues fall 18%, adjusted losses widen
03:03am, Wednesday, 17'th Apr 2024
ASOS plc saw group sales fall 18% year on year in the 26 weeks to 3 March, with top-line revenues coming in slightly above £1.5 billion. Adjusted losses before tax (LBT) increased from £87.4 million
UK's ASOS sinks to first-half loss, names Dave Murray as CFO
02:10am, Wednesday, 17'th Apr 2024
British online fashion retailer ASOS sunk to a first-half loss but stuck to its annual guidance for an improvement, naming former Sainsburys and Amazon executive Dave Murray as its new chief financial
