* H1 PBT OF £30.1M, REFLECTING STRONG TRADING AND GOOD PROGRESS REDUCING NON-STRATEGIC COSTS, * ASOS PLC - ANNOUNCES ITS INTENTION TO CONDUCT A NON-PRE-EMPTIVE PLACING OF NEW ORDINARY SHARES OF 3.5 PENCE EACH.

Yahoo is part of Verizon Media. READ THE ASOS 101. The prospect of a major increase in unemployment over the coming months amongst ASOS's core 20-something customer base and a hit to their disposable income sent shares in the British online fashion retailer lower on Wednesday. I am proud of the way ASOS met this challenge head on, putting our duty to act as a responsible business at the heart of our approach and working to balance our performance in that context. “After a record first half which saw us make progress in addressing the performance issues of the previous financial year, the second half will always be defined by our response to Covid-19. 2,657.7 m Retail sales in 2019, an increase of 13% on 2018. The website sells over 850 brands as well as its own range of clothing and accessories, and ships to all 196 countries from fulfilment centres in the UK, US and EU. Our sourcing strategy focuses on three key areas: ethical trading, sustainable sourcing and animal welfare. Information about your device and internet connection, including your IP address, Browsing and search activity while using Verizon Media websites and apps. Principals. See who the company's key decision makers are. A brief financial summary of ASOS PLC as well as the most significant critical numbers from each of its financial reports. Whilst life for our 20-something customers is unlikely to return to normal for quite some time, ASOS will continue to engage, respond and adapt as one of the few truly global leaders in online fashion retail.”. Fund performance data provided by Lipper. It also operates returns centers in Australia and Poland.

As of on the London Stock Exchange (LON) ∙ Minimum 15 minute delay, ASOS Plc Sees FY Profit To Be Significantly Ahead Of Market Expectations, ASOS Names Patrik Silén As Chief Strategy Officer, ASOS Announces Intention To Conduct Non‑Pre‑Emptive Placing Of New Shares Of 3.5 Pence Each. Find the latest ASOS PLC (ASOMY) stock quote, history, news and other vital information to help you with your stock trading and investing.

It offers approximately 75,000 separate clothing ranges, spanning women's wear and menswear, footwear and accessories, alongside its jewelry and beauty collections. * Placing of new shares representing 18.8% of existing equity.

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Asos wants to be seen as a cut above; Covid-19 bumps up Bunzl . The Company caters a range of customer segments and sizes, across all categories and price points.

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Online fashion retailer ASOS said demand had been hit by lockdown measures introduced to combat the spread of the coronavirus, with sales falling 20-25% in the last three weeks. Reach the right people with access to detailed contact information. Online fashion retailer ASOS on Wednesday forecast full year sales and profit significantly ahead of market expectations, saying it was benefiting from stronger than anticipated underlying demand. British online fashion retailer ASOS on Wednesday joined peers Primark and John Lewis in saying it would not take advantage of a British government scheme to pay employers for bringing back staff from furlough. ASOS Plc operates as an investment holding company, which engages in online retailing. As stores closed across Europe and the United States in March and April in response to the new coronavirus, many fashion brands and retailers cancelled orders for clothes, bags, and shoes worth billions of dollars from Asian garment factories, forcing them to close and lay... * AS COVID-19 TOOK HOLD, CUSTOMER DEMAND DROPPED, IMPACTING NUMBER OF PURCHASES AND TYPE OF PRODUCT CUSTOMERS WERE CHOOSING TO BUY.

It’s a place to develop your own style and be inspired… and, of course, to shop. Notice of AGM and Annual Report & Accounts, ASOS Final Results for the year to 31 August 2020, Final Results for the year ended 31 August 2020.

We focus on fashion as a force for good, inspiring young people to express their best selves and achieve amazing things. Asos PLC is a global fashion destination for a range of things. Add ... Asos counts cost of maintaining social distance from fast-fashion rivals. British online fashion retailer ASOS beat analysts' expectations for sales growth in the key Christmas trading period, indicating that management has addressed the operational issues that plagued it in 2019. It’s a place to develop your own style and be inspired… and, of course, to shop.

The Company's segments include UK, US, EU and RoW.

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Our corporate responsibility programme, Fashion with Integrity drives our transparent, responsible and inclusive approach to business. ASOS plc (/ˈeɪsɒs/ AY-soss) is a British online fashion and cosmetic retailer. Spectre of unemployment weighs on ASOS despite profit jump, Graphic: ASOS, AO World and Ocado winners as online sales surge during UK lockdown, ASOS upgrades sales and profit outlook on strong demand, fewer returns, ASOS upgrades sales and profit outlook on strong demand, ASOS to reject UK govt bonus for bringing back furloughed staff, UPDATE 2-ASOS to repay furlough claim after lockdown sales boost, Britain's ASOS sees sales rise 10% in lockdown period, FACTBOX-Fashion brands cut orders with Asian garment makers, BRIEF-ASOS Says Amount Of Made Stock Cancelled By Co Totals About 5-6 Mln Stg At Cost Value, UK fashion retailer ASOS raises 247 million pounds in placing, UPDATE 2-UK retailer ASOS shores up finances as coronavirus hits sales, REFILE-Online retailer ASOS's sales hit by coronavirus, raises funds to weather storm, BRIEF-ASOS Says Group Sales Down About 20%-25% In Most Recent Three Weeks Of Trading, BRIEF-ASOS Announces Intention To Conduct Non‑Pre‑Emptive Placing Of New Shares Of 3.5 Pence Each, Britain's ASOS plans equity raise, extension of debt facilities, Britain's ASOS back in vogue with Christmas sales beat, FTSE 100 dips again as China virus hits risk appetite, Britain's ASOS beats sales forecasts in Christmas period, ASOS says warehouse problems behind it after profit slump, Britain's ASOS profits slump 68% on warehouse problems.

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See here for a complete list of exchanges and delays. 10/15/2020 – ASOS Plc (ASC.L) had its “neutral” rating reaffirmed […] ASOS is a unique, multi-platform experience that truly resonates with the people who use it, because it’s built by them. British online fashion retailer ASOS forecast full-year sales and profit significantly ahead of market expectations, saying it was benefiting from stronger than anticipated underlying demand and fewer products being returned by shoppers. DISCOVER IT NOW. ASOS PLC* 103. All quotes delayed a minimum of 15 minutes. Asos PLC is a global fashion destination for a range of things. Several analysts have recently updated their ratings and price targets for ASOS Plc (ASC.L) (LON: ASC): 10/20/2020 – ASOS Plc (ASC.L) had its “buy” rating reaffirmed by analysts at Credit Suisse Group AG. Chief Executive Officer, Executive Director. Help & Information Help Track Order Delivery & Returns Premier Delivery 10% Student Discount About ASOS About Us Careers at ASOS Corporate Responsibility Investors Site Cyber Security More From ASOS Mobile and ASOS … 20.3 m Active customers in 2019. The company was founded in 2000 in London, primarily aimed at young adults. It operates country-specific Websites in Australia, France, Germany, Italy, Spain, Russia and the Unites States. British online fashion retailer ASOS reported a 68% slump in full year profit, hurt by problems in ramping-up warehouses in the United States and Germany. ASOS PLC Add to myFT.

British online fashion retailer ASOS said on Tuesday it was close to finalising a potential equity raise and extension to its debt facilities to ensure it can weather the coronavirus emergency. The Company sells and offers a range of fashion-related content on ASOS.com. As well as protecting staff, suppliers and customers, we’ve driven efficiency and have emerged a stronger, more resilient and agile business whilst delivering strong profit and cash generation.