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 […]

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Retailer Frasers Group (LON: FRAS) has taken advantage of the recent slump in the online fashion retailer ASOS (LON: ASC) share price to increase its stake from 5.1% to 7.4%. Frasers Group has built up stakes in other retailers and it does not mean that it is interested in bidding for ASOS. It may just […]

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Retailer Frasers Group (LON: FRAS) has taken a 5.1% stake in online fashion retailer ASOS (LON: ASC), which moved from AIM to the Main Market earlier this year. It appears to have spotted value in ASOS. This perked up the ASOS share price which was 1.5% higher at 517.5p, although it is still 78% down […]

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ASOS shares gained 1.6% to 689.5p in early morning trading on Friday, after the fashion group reported trading in line with management expectations in its pre-close trading update. However, the business confirmed weaker than expected sales in August following strong growth across June and July due to the cost of living crisis and inflationary concerns. […]

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ASOS shares tumbled 27.1% to 844.6p in late morning trading on Thursday, after the fast fashion brand reported a lowered pre-tax profit guidance of £20 million to £60 million for FY 2022. The company highlighted a UK sales climb of 4% to £983.4 million in Q3 2022, excluding Russian operations and the effect of exchange […]

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There were 14 companies that had their AIM quotations cancelled in January and February. Six were taken over, while four decided to leave the junior market, including one company that sold its business at the same time. One shell was forced to leave because it had not made an acquisition in the requisite time period, […]

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Online fashion retailer ASOS (LON:ASC) was one of the worst performing AIM shares in 2021 and its share price halved. On Thursday 13 January, ASOS will update the market about its trading. The poor share price performance was partly down to the profit warning last autumn, which coincided with Nick Beighton stepping down as chief […]

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Everything seems to be going wrong for online fashion retailer boohoo (LON: BOO) with tougher trading conditions following the 2020 lockdown boost and a shredded corporate reputation. This has led to the share price slumping by nearly two-thirds since the beginning of 2021, having previously reached an all-time high in June 2020. The ASOS (LON: […]

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ASOS will retain operational and creative control ASOS (LON:ASC) confirmed on Monday that it has agreed to a joint-venture with Nordstrom, the American retailer, which will invest for a minority position in Topshop, Topman, Miss Selfridge and HIIT. The partnership is aimed at driving growth between the two brands, and generating new ideas in an […]

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Asos gains 1.5m extra active customers ASOS (LON:ASC), the online clothes seller, announced a 275% jump in its profit halfway through the financial year as it has reaped the benefits from lockdown restrictions. The AIM-listed company, which recently acquired Topshop among other brands, revealed a 24% increase in its revenue for the six months up […]

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Online fashion retailer ASOS (LON:ASC) is reporting its interims on Thursday 8 April and the figures will show if growth has slowed down since the first four months of the year. In the four months to December 2020, UK sales were 36% higher. Overall group sales were 23% ahead with Europe, the US and rest […]

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Online fashion retailer ASOS (LON:ASC) has thrown its hat in the ring for the purchase of brands owned by Arcadia. It does not want the high street shops, though. ASOS is keen on the TopShop and associated TopMan brands. Miss Selfridge could also be included in the package. There are rival bidders and there is […]

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On Wednesday, British online fashion retailer ASOS (LON:ASC) reported strong Christmas trading and raised its half-year profit forecast by £40m, which would take its full-year results to the top end of market forecasts, but has warned that post-Brexit tariffs could cost it £15m in the next financial year. Analysts have forecast a pre-tax profit of […]

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Christmas retail trading statements have started to come thick and fast both from large retailers, such as Marks & Spencer (LON: MKS), and smaller retailers including AIM-quoted Joules (LON: JOUL). There are still plenty of significant trading statements to come from AIM-quoted retailers, particularly the online-focused ones. Fashion retailer Joules has shown that its online […]

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Asos shares (LON: ASC) are trading 9% lower despite the 329% surge in pre-tax profits amid the pandemic. The online fashion retailer added a further 3.1 million customers, taking the total to 23.4 million. Sales as Asos surged to £3.3bn, increasing by 19% in the year to 31 August thanks to the demand for skincare […]

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Online fashion retailer ASOS (LON:ASC) has performed strongly this year. The past problems appear to be behind the retailer and the 2019-20 results will be published on Wednesday 14 October. Sales are growing and costs have been rebased so ASOS should be on course for an even better year to August 2021. Pre-tax profit is […]

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British online fashion retailer ASOS plc (LON:ASC) is revelling in a two-year high in its share price, after the company announced that it expects full-year sales and profit to be “significantly ahead” of previous forecasts due to the surge in online shopping during the coronavirus lockdown. Shares at the company soared more than 13% on […]

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Online fashion retailer ASOS (LON:ASC) had a tough 2018-19 and it was overtaken in value and growth terms by rival boohoo (LON: BOO) but the latest trading statement was more optimistic, although the comparisons were week. Overall retail sales were 20% ahead in the four months to December 2019 with coming from all regions. This […]

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There was a sharp bounce in the share price of online fashion retailer ASOS (LON:ASC) after its full year results, probably more an indication of relief that there was no more bad news rather than a positive reaction to prospects. In the year to August 2019, revenues improved 13% to £2.7bn and the decline in […]

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  Online fashion retailer ASOS (LON:ASC) has suffered from problems both of its own making and due to the market. The full year figures due to be published on 16 October will provide an indication of how well the problems were dealt with and how much still needs to be done. ASOS has lost its […]

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Online fashion retailer boohoo (LON: BOO) has not always been an investor favourite, but in little more than five years it has leapfrogged rival ASOS (LON: ASC) in market capitalisation terms. The acquisition of the online assets of Karen Millen and Coast for £18.2m has broadened the range of brands owned by boohoo, which is […]

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Online fashion retailer Sosandar (LON:SOS) is a much smaller business than ASOS (LON: ASC) and boohoo.com (LON: BOO) and it has a different niche. However, it is growing rapidly and has raised a further £7m to finance further growth. History Sosandar.com was launched in 2016 by former fashion journalists who had passed the age when […]

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