Primark and Asos buck the retail gloom - Telegraph.co.uk
Thu, 14 Jul 2011 08:23Investec said in a note: "The ASOS share price seems to be driven by sales momentum, almost irrespective of the valuation metrics. As long as this continues, there appears to be little risk to the share price." However the broker put a sell ...
Asos bang on trend after European sales boost - Management Today
Thu, 14 Jul 2011 10:58And, surprise, surprise, the market has voiced its approval, with its shares rising by 4.7% - meaning that Asos' share price has now risen by 50% during 2011. Not bad, for a company whose original USP was to help its customers dress like celebrities. ...
Overseas demand bails out struggling UK retailers - Reuters
Thu, 14 Jul 2011 09:03Online fashion retailer ASOS (ASOS.L) and baby goods group Mothercare (MTC.L) both highlighted strong sales abroad in the face of a weaker British market, while Sports Direct (SPD.L) posted a rise in year profit as it benefited from problems at rival ...
Tips in 2011: How are we doing? - Investors Chronicle
Thu, 14 Jul 2011 12:39The point is that share prices will almost always fall faster than they will rise. So an investor who wants to make a fast return is more likely to achieve that via selling. And one piece of evidence to support that is the fast pace at which the price ...
The Week Ahead: M&S, UK inflation and US monetary policy - Citywire.co.uk
Fri, 08 Jul 2011 16:05Stevenson added: 'Nonetheless, the potential for continued double-digit growth is not reflected in the share price and we believe online and overseas continue to outperform.' Online fashion firm ASOS (ASOS.L) is also set to make a trading announcement ...