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Asos ShareCast News (ASC)
ShareCast News for Asos (ASC)
| Share Price: 4,081.00 | Bid: 3,900.00 | Ask: 0.00 | Change: 0.00 (0.00%) |  | ||||||
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Bestseller continues ASOS buying
Tue, 18th Jan 2011 16:25
Shares in AIM-quoted online fashion retailer ASOS have risen this afternoon following the news that Danish fashion retail group Bestseller continues to build up its stake.
In less than two months the stake has increased from 9.72m shares to 13.67m share - equivalent to 18.27% of ASOS. The stake has been built up over the past year.
Bestseller is owned by the Holch Povlsen family and its brands include Vero Moda, Jack&Jones and Villa.
ASOS is due to publish a trading statement tomorrow (19 January). ASOS has been generating the majority of its growth from international expansion.
In less than two months the stake has increased from 9.72m shares to 13.67m share - equivalent to 18.27% of ASOS. The stake has been built up over the past year.
Bestseller is owned by the Holch Povlsen family and its brands include Vero Moda, Jack&Jones and Villa.
ASOS is due to publish a trading statement tomorrow (19 January). ASOS has been generating the majority of its growth from international expansion.
Thursday broker round-up UPDATE
African Barrick Gold: Citi moves target price from 175p to 124p and maintains a sell recommendation.[Thu 07:01]
Wednesday broker round-up UPDATE
Aberdeen Asset Management: Canaccord Genuity cuts target price from 460p to 440p, while leaving its buy recommendation unchanged.[12 Jun '13]
ASOS quarterly sales soar
Online fashion retailer ASOS revealed an impressive 45 per cent increase in total year-on-year quarterly retail sales and expects full year results to be in line company expectations.[12 Jun '13]
Monday broker round-up UPDATE
ASOS: HSBC Holdings increases target price from 3660p to 4380p and keeps an overweight rating.[10 Jun '13]
Wednesday broker round-up UPDATE
Aberdeen Asset Mangement: UBS cuts target price from 520p to 505p, while maintaining its buy recommendation.[5 Jun '13]
Primark makes first foray online through Asos
Primark has launched its first online venture with the sale of a range of 20 garments through internet fashion retailer Asos.[4 Jun '13]
Broker tips: Ocado, ASOS, BT Group
Following today´s AGM statement from on-line grocer Ocado analysts at Panmure Gordon believe there is an increased chance that it will reach a deal with peer Morrison.[10 May '13]
Broker snap: ASOS is in a 'sweet' spot, UBS says
'Better impossible' may be the most apt title for UBS´s research note on Friday morning for retailer ASOS, except for the fact that it could conceivably get even better.[10 May '13]
