ASOMF - ASOS Plc
| Previous close | 9.02 |
| Open | 9.02 |
| Bid | N/A x N/A |
| Ask | N/A x N/A |
| Day's range | 9.02 - 9.02 |
| 52-week range | 5.75 - 19.16 |
| Volume | |
| Avg. volume | 166 |
| Market cap | 1.075B |
| Beta (5Y monthly) | 2.92 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | -2.94 |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
The GuardianMike Ashley’s Frasers Group raises stake in Asos to nearly 9%
Larger holding is nearly enough to block a potential takeover bid as speculation grows about online retailer’s future
Yahoo Finance UKTrending tickers: Asos | Mondi | UBS | Palo Alto Networks
The latest investor updates on stocks that are trending on Monday.
- Investing.com
Asos shares surge on reports of takeover bid from Alibaba-backed Turkish rival
Investing.com -- Shares in Asos PLC (LON:ASOS) surged by almost 10% on Monday after the fast fashion retailer reportedly received a bid from Turkish rival Trendyol late last year.
The TelegraphRetail tycoons gear up for battle over Asos
When Scotland’s oldest department store collapsed in late 2020, representatives for Anders Holch Povlsen and Mike Ashley pointed the finger at each other.
Yahoo Finance UKTrending tickers: Asos | Rio Tinto | Marvell | Costco
The latest investor updates on stocks that are trending on Friday.
Yahoo Finance UKTrending tickers: HSBC | Wood Group | Currys | Asos
The latest investor updates on stocks that are trending on Monday.
The GuardianFast fashion but slow progress at loss-making Asos
Covid lockdown boom masked flaws until it didn’t – and the loss of £291m in six months was worse than expected
The GuardianAsos falls £291m into the red as shoppers return to high street
‘Challenging trading backdrop' for online fashion retailer, with sales down more than expected
Yahoo Finance UKTrending tickers: ASOS | Airbnb | J D Wetherspoon | TUI
Shares in ASOS were down nearly 12% in morning trade after the British online fashion retailer reported a deeper half-year loss and said it faced a challenging trading backdrop.
Yahoo Finance UKFTSE: Asos to drop 35 brands and close five warehouses as sales plunge
Fashion retailer Asos announced a revenue fall of 3% and UK sales down 8% as inflationary pressures and mounting costs create strong headwinds.
- Investing.com
Asos shares dip on report retailer is in talks over hiring turnaround expert
By Scott Kanowsky
The TelegraphHedge funds go into battle with Mike Ashley as bets against Asos hit all-time high
Prominent hedge funds from both sides of the Atlantic have gone into battle with Mike Ashley over his stake in Asos by increasing bets against the fast-fashion retailer.
- Investing.com
Frasers Shares Rise After Retailer Lifts Hugo Boss Exposure, Builds ASOS Stake
By Scott Kanowsky
The GuardianFrasers builds 5% stake in Asos to become fourth-largest investor
Mike Ashley’s increased holding comes after online retailer reported slowing sales and full-year loss
- Reuters
Mike Ashley's Frasers ramps up stake in Asos -Telegraph
The billionaire's sportswear and fashion retail company, Frasers Group Plc, notified Asos on Friday that it had become a significant shareholder in the company, the report said. The move makes Frasers the fourth-biggest shareholder in Asos. According to the newspaper, Frasers is seeking to use its stake in the online retailer to build a partnership as Asos recently announced an overhaul of its business model.
The GuardianAsos’s global overstretch shows in share price and operating profits plunge
Long-term shareholders would be immeasurably richer if Asos had stayed in the UK, its ‘core operation’
The TelegraphAsos launches survival plan as shoppers cut back
Asos has laid out survival plans as it revealed a slump in spending among shoppers will force it to write off the value of £130m worth of stock.
The GuardianAsos to write off stock and cut costs as shoppers rein in spending on fashion
Online retailer reports disappointing sales growth and £32m pre-tax losses as it agrees £650m banking facility
- Yahoo Finance UK
FTSE 250: Asos profits plummet 89% as shoppers cut spending
The online fashion retailer posted a pre-tax loss of £32m from a profit of £177m.
ReutersBritain's ASOS to overhaul business model after profit slump
LONDON (Reuters) -ASOS, the one-time British poster child for the shift to online fashion retailing, will overhaul its business model after the economic crunch and a string of operational problems hammered its profits. New CEO José Antonio Ramos Calamonte said that while ASOS's core business in the UK remained strong, returns from its international operations, particularly from the United States, were unsatisfactory and needed to be addressed. He vowed to re-vamp ASOS's "inefficient" supply chain, find a way to re-engage its 20-something customers, better leverage its data, cut costs and refresh its culture.
- Investing.com
ASOS Shares Rise as Group Reports Improved Trading to Start 2023 Fiscal Year
By Scott Kanowsky
ReutersASOS shares drop on talks with lenders to change borrowing terms
ASOS shares fell sharply on Monday after the British online fashion retailer said it was in talks with lenders to change the terms of a 350 million pound ($394 million) borrowing facility to provide more flexibility in tough economic times. ASOS said on Saturday it was in the final stages of agreeing an amendment to the future financial covenants in its revolving credit facility, which matures in July 2024. It said the move would give it significantly increased financial flexibility amid an uncertain economic backdrop and was "a prudent step".
- Investing.com
ASOS Shares Slump After Retailer Confirms Talks to Amend Credit Facility
By Scott Kanowsky
ReutersASOS in talks with lenders to amend terms of $391 million facility
LONDON (Reuters) -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 ... confirms that it is in the final stages of agreeing an amendment to the future financial covenants in its revolving credit facility, which matures in July 2024," it said in a statement. "ASOS retains a strong liquidity position and this is a prudent step in the current environment," it said.