SMALL CAP MOVERS: Asos wrestles ‘king of AIM’ crown back

The perpetual arm-wrestling match between the two leading junior market online retailers has resulted in Asos clawing back the ‘king of AIM’ crown. In fact, the clothier is now worth £5billion, well above its rival Boohoo’s market capitalisation of £4.2billion. However, investors haven’t been impressed lately despite strong festive performances from both companies, with shares … Read more

Asos deifies Covid gloom as sales rise by 36%, with Just Eat and Lidl following suit

Asos deifies Covid gloom as sales rise by 36%, with Just Eat and Lidl following suit Asos’ sales rose by 24% to £1.36 billion in the four months to December 31  It has focused on pyjamas and T-shirts with customers forced to stay at home As takeaway orders soared, orders at Just Eat spiked by 58% … Read more

Asos will build giant £90m warehouse in UK and recruit 2,000 workers

Asos will build giant £90m warehouse in UK and recruit 2,000 workers over next three years – after £142m profits amid surge in online sales due to Covid Asos saw its  annual profits quadruple amid surge in online pandemic shopping  It is now set to open a £90 million UK warehouse which will be staffed … Read more

ASOS accused of ‘ripping off’ independent jewellery brand’s design

ASOS is accused of ‘ripping off’ independent jeweller’s earrings after REJECTING the brand when it applied to be featured on site’s Marketplace Studio Cult, in New York City, took to Twitter to share screenshots of the designs Creative Director Yuliya Veligurskaya had been rejected from ASOS Marketplace  Twitter quick to spot likeness between Studio Cult’s … Read more

Student is left in hysterics after buying trousers from ASOS that left little to the imagination

Sheer disaster! Student is left in hysterics after buying £28 flared trousers from ASOS that leave very little to the imagination and are so long they cover her bra Amiee McComb, from Belfast, ordered a pair of £28 crystal-studded trousers But she soon realised that they were almost completely transparent  The student took to TikTok … Read more

Asos founder Nick Robertson sells £14m of shares

Asos founder Nick Robertson sells £14m of shares with the online fashion group up almost a third this year By Daily Mail City & Finance Reporter Published: 21:51 GMT, 9 November 2020 | Updated: 21:51 GMT, 9 November 2020 Cashing in: Asos co-founder Nick Robertson Asos co-founder Nick Robertson has pocketed £13.6million from selling shares … Read more

Little Mix’s Leigh-Anne Pinnock models for ASOS style edit   

Little Mix’s Leigh-Anne Pinnock shows off her toned abs in a black crop top before modelling statement gold lamé dress for ASOS style edit By Rebecca Davison for MailOnline Published: 08:51 GMT, 9 November 2020 | Updated: 09:29 GMT, 9 November 2020 She’s something of pop icon – so it’s little wonder that Little Mix … Read more

Shopaholics encourage ASOS to add an ‘albi’ option to their packaging to disguise orders

Shopaholics beg ASOS to add an ‘alibi’ option to its packaging to make it look like they’ve won their haul in a competition ASOS took to Facebook asking if shoppers would benefit from an ‘alibi’ option  British online retailer would allow shoppers to disguise purchases as ‘prizes’ Responses joked their household would be suspicious of … Read more

Looming jobs crisis casts cloud over Asos despite profits boom

Looming jobs crisis casts cloud over Asos despite its profits quadrupling during the pandemic By Tom Witherow For The Daily Mail Published: 21:52 BST, 14 October 2020 | Updated: 21:52 BST, 14 October 2020 ASOS quadrupled its profits as it gained 3m customers during the pandemic. The online retailer estimated that one in every one … Read more

Britain’s lockdown boomers: ASOS profits QUADRUPLE to £142m, Just Eat sales soar

Online shopping giants are celebrating a boom in profits today as the High Street gets set to see yet more tumbling sales in the face of another lockdown.  While Britain’s High Streets may have suffered irreparable losses in the face of the coronavirus pandemic, online stores have seen a surge in orders with fashion giants … Read more