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MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  ASOS Plc    ASC   GB0030927254

ASOS PLC

(ASC)
  Report
Delayed Quote. Delayed London Stock Exchange - 02/26 11:35:23 am
5600 GBX   -1.06%
02/22ASOS : Launches expanded topshop & topman range
PU
02/22ASOS : RBC reaffirms its Buy rating
MD
02/22ASOS : Barclays sticks Neutral
MD
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SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Asos is front-runner to buy Topshop brand, Sky News says

01/23/2021 | 08:30pm EST
Smartphone with an ASOS app and a keyboard are seen in front of a displayed ASOS logo in this illustration picture

(Reuters) - British online fashion retailer ASOS Plc has emerged as a surprise front-runner to buy the Topshop brand from the administrators of British tycoon Philip Green's Arcadia Group, Sky News reported on Saturday.

ASOS is in the lead to buy the brand for more than 250 million pounds ($342.10 million), the report said. https://bit.ly/3990EGm

ASOS and Arcadia declined to comment.

Retailer Next Plc said on Thursday it had pulled out of the bidding as it was unable to meet the price expectations of the collapsed fashion chain.

ASOS is not holding any talks about buying Topshop stores, Sky News said, citing unnamed insiders. But it was also keen to acquire Arcadia's Miss Selfridge brand alongside Topshop and Topman, Sky said.

ASOS is competing against rivals including Boohoo Group, U.S. retailer Authentic Brands Group, which is working with JD Sports Fashion Plc, and Chinese fashion group Shein, the report added.

Arcadia went into administration in November, putting more than 13,000 jobs at risk and becoming Britain's biggest corporate casualty of the COVID-19 pandemic.

($1 = 0.7308 pounds)

(Reporting by Rama Venkat in Bengaluru; Editing by Alex Richardson and Paul Simao)


© Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
ASOS PLC -1.06% 5600 Delayed Quote.17.08%
BOOHOO GROUP PLC 0.63% 336.9 Delayed Quote.-1.78%
JD SPORTS FASHION PLC -3.09% 822.2 Delayed Quote.-3.44%
NEXT PLC -1.23% 7560 Delayed Quote.6.69%
All news about ASOS PLC
02/22ASOS : Launches expanded topshop & topman range
PU
02/22ASOS : RBC reaffirms its Buy rating
MD
02/22ASOS : Barclays sticks Neutral
MD
02/16ASOS : Societe Generale Cuts Asos Price Target, Keeps Buy Call
MT
02/11ASOS : Credit Suisse gives a Buy rating
MD
02/09JD Sports eyes European warehouse to counter post-Brexit tariffs
RE
02/09ASOS : Bank of America raises its recommendation from Sell to Buy
MD
02/09ASOS : Bank of America Upgrades ASOS To Buy From Underperform, Boosts Price Targ..
MT
02/08PHILIP GREEN : Boohoo snaps up Arcadia brands to complete break-up of Green empi..
RE
02/08BOOHOO : Buys Burton, Dorothy Perkins and Wallis Brands From Arcadia For $34.6 M..
MT
More news
Financials
Sales 2021 3 935 M 5 501 M 5 501 M
Net income 2021 131 M 184 M 184 M
Net cash 2021 161 M 225 M 225 M
P/E ratio 2021 41,5x
Yield 2021 -
Capitalization 5 577 M 7 767 M 7 798 M
EV / Sales 2021 1,38x
EV / Sales 2022 1,14x
Nbr of Employees 3 824
Free-Float 68,3%
Chart ASOS PLC
Duration : Period :
ASOS Plc Technical Analysis Chart | ASC | GB0030927254 | MarketScreener
Technical analysis trends ASOS PLC
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 26
Average target price 6 019,24 GBX
Last Close Price 5 600,00 GBX
Spread / Highest target 57,1%
Spread / Average Target 7,49%
Spread / Lowest Target -39,3%
EPS Revisions
Managers and Directors
NameTitle
Nicholas Timothy Beighton Chief Executive Officer & Executive Director
Mathew James Dunn Chief Financial Officer & Director
Adam Alexander Crozier Chairman
Ian Dyson Senior Independent Non-Executive Director
Karen Geary Independent Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
ASOS PLC17.08%7 767
AMAZON.COM, INC.-6.13%1 557 491
JD.COM, INC.6.79%145 487
WAYFAIR INC.27.97%29 933
ETSY, INC.23.81%27 774
MONOTARO CO., LTD.16.57%14 254