Mike Ashley's Frasers Group lifts Asos stake

21st Mar 2025 15:16

(Sharecast News) - Mike Ashley's Frasers Group lifted its stake in Asos on Friday to 25.13% from 24.21%.

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London close: Stocks finish lower amid massive Heathrow disruption

21st Mar 2025 15:05

(Sharecast News) - London stocks ended lower on Friday, pressured by weak airline performance amid an all-day closure at Heathrow Airport, as well as disappointing public finance figures.

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Shore Capital upgrades ASOS on H1 profit beat

21st Mar 2025 08:59

(Sharecast News) - Shore Capital has upgraded ASOS from 'hold' to 'buy' after first-half earnings came in ahead of forecasts on Friday.

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Asos lifts first-half profit outlook

21st Mar 2025 07:23

(Sharecast News) - Asos lifted its profit outlook for the first half on Friday, sending shares in the online fashion retailer surging for the second day in a row.

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Asos surges as largest shareholder Anders Holch Povlsen ups stake

20th Mar 2025 09:58

(Sharecast News) - Asos shares surged on Thursday after largest shareholder Anders Holch Povlsen upped his stake in the online fashion retailer to just below the level that triggers a mandatory takeover offer.

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Credit insurers reinstate cover for Asos suppliers

3rd Feb 2025 08:57

(Sharecast News) - Fast-fashion retailer Asos has received a vote of confidence after two leading credit insurers reinstated cover for its clothing suppliers.

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Boohoo urges shareholders to reject Frasers advances

10th Dec 2024 07:37

(Sharecast News) - Struggling retailer Boohoo Group has urged shareholders to vote against moves by Frasers Group to install tycoon Mike Ashley on its board.

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Director dealings: Asos director snaps up shares

21st Nov 2024 16:01

(Sharecast News) - Asos revealed on Thursday that non-executive director William Barker had acquired 150,000 ordinary shares in the fast-fashion retailer.

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Director dealings: Asos director raises stake

19th Nov 2024 15:30

(Sharecast News) - Asos revealed on Tuesday that non-executive director William Barker had acquired 381,673 ordinary shares in the London-listed fast fashion retailer.

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Director dealings: Asos CFO snaps up shares

6th Nov 2024 13:40

(Sharecast News) - Asos revealed on Wednesday that chief financial officer Dave Murray had acquired 5,800 ordinary shares in the London-listed fashion retailer.

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Asos FY losses widen but outlook upbeat

5th Nov 2024 07:24

(Sharecast News) - Online fashion retailer Asos reported a widening of its full-year losses on Tuesday as revenue slumped but insisted that things were looking up after two years implementing its transformation plan.

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Berenberg hikes Asos target price by 22%

1st Oct 2024 08:41

(Sharecast News) - Berenberg has hiked its target price for fast fashion retailer Asos by more than a fifth, saying the ecommerce group has the time and scope for a successful turnaround.

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Asos slashes debt following Topshop sale

11th Sep 2024 09:16

(Sharecast News) - Asos has nearly halved its debt, the fast-fashion retailer confirmed on Wednesday, following the sale of its majority stake in Topshop and Topman.

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Barclays downgrades Asos to 'underweight'

10th Sep 2024 11:23

(Sharecast News) - Barclays downgraded Asos to 'underweight' from 'equalweight' and cut the price target to 290p from 300p as it said the online fashion retailer was no longer just a refinancing story.

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Asos offloads Topshop, Topman in JV with Heartland; Sees earnings at upper end

5th Sep 2024 07:47

(Sharecast News) - Shares in Asos surged by a fifth on Thursday as the troubled online fashion retailer said it was offloading 75% of the Topshop group as part of a joint venture deal with major shareholder, the Danish fashion billionaire Anders Holch Povlsen.

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