ASOS Plc Stock News

ASOS PLC (LSE:ASC) is "taking the right steps" with its overhaul, according to analysts, though they are not yet fully convinced. RBC Capital Markets cut its target price to 825p from 1,000p and De

ASOS PLC (LSE:ASC)'s new chief executive José Antonio Ramos Calamonte set out an “ambitious and necessary” 12-month transformation plan. That's at least according to Richard Hunter, head of mark

The fast-fashion retailer has soared following news of a turnaround plan and a £650 million banking facility.

ASOS PLC (LSE:ASC) delivered a profit in line with reduced guidance as its new chief executive laid out his plans for the next 12 months. Adjusted profit before tax came in at £22mln for the year en

British online fashion retailer ASOS said it needed to rebuild its once-successful business model after it reported an 89% drop in 2021-22 profit and forecast a loss in the first half, due to a rapidl

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 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 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