“Multiple inventory write-offs, a refinancing, an equity raise, and sale of a key asset later, Asos is seeing few signs of sales declines relenting and still finds itself on an unsure path ...
Asos’s share price jumped by as much as 20% on Thursday (5 September) after it agreed to sell its Topshop and Topman brands to a new joint venture. The online clothing retailer, which bought ...
Asos: sales will continue to decline Meanwhile, Asos was the “least preferred” consumer stock, with a “Hold” rating and a target price of 445p, up just 27p from its current price of 418p.