British sportswear and fashion retailer Frasers Group has raised its ownership in online fashion retailer Asos to 25.13% from ...
In a strategic move, Frasers Group has elevated its stake in the online fashion retailer Asos from 24.21% to 25.13%, positioning itself as the second-largest shareholder in the company. This ...
Anders Holch Povlsen, Asos’s largest shareholder, recently raised his stake from 27% to 28%. This increased investment has sparked speculation that a potential takeover may be on the horizon, as ...
Shares in ASOS surged after the group said it forecasts a meaningful improvement in profitability as well as earnings ahead of market views for the first half of its fiscal year 2025. The stock was 21 ...
ASOS Plc (LON:ASC – Get Free Report)’s share price traded up 18.4% on Saturday . The company traded as high as GBX 318.60 ($4 ...
Investors reacted positively to the news. Asos’ share price had risen by more than 20 per cent less than half an hour after ...
A battle for control of Asos is brewing between two retail tycoons after Danish billionaire Anders Holch Povlsen moved closer ...
ASOS Plc (LON:ASC – Get Free Report) shares shot up 18.4% during mid-day trading on Saturday . The company traded as high as ...
ASOS forecasts improved H1 profitability despite volume deleverage, exceeding expectations. Danish businessman Anders Holch ...
In a brief update ahead of its first-half results next month, Asos said it expects a "significant" improvement in ...
UBS analyst Yashraj Rajani maintained a Hold rating on ASOS plc (ASC – Research Report) on March 21 and set a price target of £4.00. The ...
The move re-inforces Frasers Group's status as the second-largest stakeholder in Asos, behind only Denmark-based apparel company Bestseller. Bestseller, under the leadership of Danish billionaire ...