ASOS Plc Stock News

British online fashion retailers ASOS and Boohoo have both suspended sales in Russia after Russia''s invasion of Ukraine, joining a growing list of companies shunning the country.

LONDON (Reuters) – British online fashion retailers ASOS and Boohoo have both suspended sales in Russia after Russia’s invasion of Ukraine.

Asos has suspended trading in Russia amid the nation''s ongoing invasion of Ukraine. The online retailer announced the decision on Wednesday. The post Asos suspends trading in Russia amid Ukraine invasion appeared first on Retail Gazette .

The online fashion giant said customers in Russia would no longer be able to order clothes from its website.

Asos has suspended sales in Ukraine on the back of Russia’s invasion, citing the importance of safety for its colleagues and parters. “Asos’ priority is the safety of its colleagues… The post Asos suspends sales in Ukraine with statement appeared first on Latest Retail Technology News From Across The Globe - Charged .

ASOS PLC (AIM:ASC) has become the latest high-profile company to pull out of Russia. The online fashion flogger had already suspended sales in Ukraine following that country's invasion by Russian forc

Asos Plc shares fell 3.1% as they started trading on the London stock exchanges main market. Todays decline -- coming amid a broader market selloff -- extends a slump that has seen the U.K. online fashion retailer lose almost two-thirds of its market value in less than a year.

The fashion giant will leave the junior AIM market on Monday and start trading on the main index on Tuesday.

Asos proved to be resilient through recent supply chain disruptions. Shares are attractively priced considering international growth prospects.

Shein will reportedly revive plans to list in New York this year as its founder contemplates changing citizenship to overcome barriers for offshore initial public offerings (IPOs) in China. The IPO wo

Rolling coverage of the latest economic and financial news, as Marks & Spencer, Tesco, ASOS and Card Factory update the City on retail Super Thursday

Rolling coverage of the latest economic and financial news, as Marks & Spencer, Tesco, ASOS and Card Factory update the City on retail Super Thursday M&S reports strong trading as sales jump Tesco upgrades profit guidance Age UK calls for help for millions of older people struggling to afford heating Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business. Marks & Spencer has hailed a strong Christmas as the UK retailers turnaround strategy starts to pay off.. as supermarket chain Tesco upgrades its profit outlook. Trading over the Christmas period has been strong, demonstrating the continued improvements weve made to product and value. Clothing & Home has delivered growth for the second successive quarter, supported by robust online and full price sales growth. Food has maintained its momentum, outperforming the market over both 12 and 24 months. The market continues to be impacted by the headwinds and tailwinds that we reported in the first half, but I remain encouraged that our transformation plan is now driving improved performance.

The decision by ASOS PLC (AIM:ASC) to leave AIM will leave London's junior market with just seven companies valued at more than £2bn. The seven non-dwarfs (market capitalisation in brackets) are Hutc

The market seems prepared to overlook supply chain issues that have dogged ASOS PLC (AIM:ASC) lately to laud its plans to move from the junior market to the London Stock Exchange's main list next mon

The market seemed prepared to overlook supply chain issues that have dogged ASOS PLC (AIM:ASC) lately to laud plans to move from the junior market to the London Stock Exchange's main list next month.