Online fashion retailer ASOS (LON: ASC) delayed its full year results until Wednesday 1 November and even before this was announced Frasers Group (LON: FRAS) decreased its stake. Management said that the delay in the results announcement was to enable PwC to complete the audit, but there are also rumours that ASOS plans to sell Topshop – although the sale may not be straightforward.
The analyst presentation on Wednesday will include a strategy update and presentations by senior management. This should clarify how the management believes that it can continue the turnaround the performance o...