ASOS has just seen its fair value trimmed slightly from £3.60 to £3.51, feeding into a lower price target of £2.40 that keeps the stock in the Neutral camp. Behind that shift is a reset in revenue ...
Asos has not historically paid a dividend, and we don’t expect it to do so over the next 10 years as it continues to invest in growth. We estimate around 30% of Asos’ total cost base to be fixed (with ...
A new purchasing habit has emerged as the coronavirus pandemic continues to keep people indoors: Shoppers are returning fewer items — a behavior that appears to have boosted Asos’ sales and profit ...
LONDON, Nov 1 (Reuters) - British online fashion retailer ASOS ASOS.L forecast another year of falling sales in 2024 but said its turnaround plan was starting to take shape and growth would return the ...
British online fashion retailer ASOS laid out how it planned to meet its medium and long term profitability goals, seeking to restore investor confidence after it abruptly parted ways with its CEO ...
A model walks on an in-house catwalk at the ASOS headquarters in London April 1, 2014. REUTERS/Suzanne Plunkett LONDON (Reuters) - Online fashion retailer ASOS (ASOS.L) reported a further slowdown in ...
U.K. fast-fashion retailer Asos on Tuesday announced that sales this year through August rose 34% on a reported basis and 27% on a constant currency basis, with solid growth in its U.K. home base of ...
Asos is embarking on an expanded cloud agreement with Microsoft that will see the online retail giant commit to using the software giant’s Azure platform for another five years. Microsoft’s work with ...
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