Asos Share Discussion Threads

[qantas] 26/7/2024 21:30

Fun Fact

The most heavily shorted share on the FTSE is PFC.

It went up 67% today !

Shorting is a fools game unless you have inside knowledge or can influence the share price

[wolfofhounslow] 26/7/2024 17:30

Shorts now 4.66%Continue to close https://shorttracker.co.uk/company/GB0030927254/

[robertbarns1] 26/7/2024 14:09

BARCLAYS SAY ASOS WORTH 300P A SHARE ?



not sure we will see 300p ? on the next RNS maybe top up at 330p's

[thanatos abysss] 26/7/2024 08:20

step aside from the pc clownboy

[qantas] 25/7/2024 12:45

Troglodyte

[throgmortonstreet] 23/7/2024 12:20

LOW PRICES & FAST DELIVERY ARE DRIVING ONLINE SALES AT SHEIN, TEMU AND ALIEXPRESS
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A recent poll conducted by market research specialists, Omnisend across the USA, the United Kingdom, Canada, and Australia found that Chinese retailers are rapidly growing in popularity.

The findings show 60% of all respondents have shopped at Chinese online retailers in the past year, with 50% shopping at more than one.

In terms of overall brand name familiarity, 55% of all respondents were aware of Shein and 72% of all respondents were aware of Temu .

The survey also found that 48% of online shoppers have bought items from Temu, 42% from Shein, and 28% from AliExpress.

Popular items include purchases of adult clothing from Shein (57%), purchases of household items from Temu (35%), and purchases of accessories and beauty products from AliExpress (23%).

None of which is good news for loss making clothing retailers, Asos PLC and Boohoo PLC.

[wolfofhounslow] 23/7/2024 11:45

Tick tock times running out

[qantas] 23/7/2024 08:15

Fun fact Troglodyte share price hammering up shorts doomed to failure.

[throgmortonstreet] 23/7/2024 07:33

SHEIN founder, Chris Xu is already immensely wealthy.

[powereddrones] 22/7/2024 11:02

SHEIN founders are going to be so rich on the listing.

[wolfofhounslow] 22/7/2024 08:07

Wow promoting slave labour Shocking

[qantas] 22/7/2024 07:52

Ex-Asos chief Nick Beighton joins Shein backlash


The former boss of Asos has joined growing criticism of fast fashion giant Shein in asking whether it should list on the London Stock Exchange.

Nick Beighton, who turned Asos into one of the UK's biggest clothing retailers as chief executive from 2016 to 2021, is the latest industry figure to raise questions about the Singapore-based firm. Shein is reportedly seeking to join the market in a £50 billion float.

'Some of how it is producing garments, the lack of transparency, its renowned opaqueness, makes me very nervous,' he said. 'I think the London Stock Exchange should be the premier place for the best brands, the best industries, and the highest standards.'

High Street retailers are also unhappy because Shein dodges hefty customs duty as it ships direct to online shoppers from China.

[factsandfigures] 21/7/2024 12:22

The latest data from the UK's British Retail Consortium showed that retail sales performed poorly in June as the wet and colder weather during the first half of the month dulled consumer spending.

The sales of weather sensitive categories such as clothing and footwear, were hit particularly hard, especially when compared to the surge in spending seen during last year's Summer heatwave.

Linda Ellett, UK Head of Consumer, Retail & Leisure warned:

“Summer may finally have arrived, but it did little to persuade households to spend their cash on new clothing and new footwear“

[qantas] 19/7/2024 08:25

Fun fact troll with egg on face why bother?

[factsandfigures] 19/7/2024 07:09

U.S. and European shoppers LOVE their low prices, free delivery and easy returns !!

[qantas] 18/7/2024 06:30

Fun facts shorts doomed to failure with no limit losses

[wwednesday] 17/7/2024 17:55

Qantas

WHY do you even exist ?
What’s the point ?

[qantas] 17/7/2024 16:53

Fun fact shorts closing

[qantas] 17/7/2024 08:47

Fun fact share price hammering up.