Asos posts rise in sales but cautions over Covid uncertainty
15th Jul 2021 07:24
(Sharecast News) - Asos reported a rise in sales for the four months to 30 June but cautioned that trading at the end of the period had been more muted amid Covid uncertainty, sending shares in the online fashion retailer lower.
Read moreThursday preview: UK jobs, Asos in the spotlight
14th Jul 2021 09:34
(Sharecast News) - Investors' focus on Thursday will be on the latest UK jobs data which according to some economists might surprise to the upside, even if only on account of methodological changes.
Read moreBoohoo 'attractively valued', says RBC Capital
13th Jul 2021 08:25
(Sharecast News) - RBC Capital Markets upgraded its stance on shares of fast-fashion retailer Boohoo on Tuesday to 'outperform' from 'sector perform' and lifted the price target to 410p from 380p.
Read moreAsos to sell Topshop, other brands at Nordstrom stores
12th Jul 2021 09:29
(Sharecast News) - Online fashion retailer Asos has formed a joint venture with US department store chain Nordstrom which will see its Topshop, Topman, Miss Selfridge and HIIT brands sold in stores across the pond.
Read moreDirector dealings: Asos boss trims stake
15th Jun 2021 17:27
(Sharecast News) - Asos boss Nick Beighton reduced his stake in the online fashion retailer at the start of the week.
Read moreMonday broker round-up
12th Apr 2021 13:21
(Sharecast News) - Lloyds Banking Group: Deutsche Bank upgrades to buy with a target price of 50p.
Read moreFriday broker round-up
9th Apr 2021 13:09
(Sharecast News) - Hilton Food Group: RBC Capital Markets upgrades to outperform with a target price of 1,500p.
Read moreAsos interim profits surge amid lockdown
8th Apr 2021 08:16
(Sharecast News) - Online fashion retailer Asos posted a jump in interim sales and profit on Thursday as it continues to benefit form the closure of non-essential retailers.
Read moreMonday broker round-up
22nd Feb 2021 12:50
(Sharecast News) - Glencore: JP Morgan upgrades to overweight with a target price of 350p.
Read moreBofA double upgrades Asos to 'buy'
9th Feb 2021 11:32
(Sharecast News) - Analysts at Bank of America sounded a very 'bullish' on shares of Asos, adding them to their 'What's Big Small and Midcap Europe' list as well.
Read moreUK plans online tax and 'excess profits' raid - report
8th Feb 2021 09:18
(Sharecast News) - Shares of AO World, Ocado and Asos and fell on Monday after the government was reported to be considering an online sales tax and a separate raid on "excessive profits" made during the Covid-19 crisis.
Read moreTuesday broker round-up
2nd Feb 2021 13:54
(Sharecast News) - BHP Billiton: Liberum downgrades to sell with a target price of 1,880p.
Read moreBerenberg raises target price on Asos following acquisitions
2nd Feb 2021 11:04
(Sharecast News) - Analysts at Berenberg raised their target price on retailer Asos from 6,500.0p to 6,800.0p on Tuesday following its acquisition of the Topshop, Topman, Miss Selfridge and HIIT brands a day earlier.
Read moreAsos buys Topshop, Topman, Miss Selfridge for £330m
1st Feb 2021 07:02
(Sharecast News) - Online fashion retailer Asos has bought four brands, including Topshop, from the collapsed Arcadia group for £330m, administrators said on Monday, placing 2,500 store jobs at risk.
Read moreBoohoo in exclusive talks to buy three Arcadia brands
29th Jan 2021 07:24
(Sharecast News) - Fast-fashion retailer Boohoo confirmed on Friday that it is in exclusive discussions with administrators about the acquisition of three Arcadia brands.
Read more