Asos Share Discussion Threads

[wolfofhounslow] 21/6/2024 15:09

https://www.similarweb.com/website/asos.com/#ranking

[sellhighandbuylow] 21/6/2024 14:53

The imminent arrival of SHEIN onto the London Stock Exchange will send shivers down the spines of rivals ASOS and BOOHOO.

Valued at about £50 Billion, SHEIN's meteroric rise in popularity is one of the factors that has hurt global sales at loss making rivals ASOS and BOOHOO.

UK investors that do back the SHEIN floatation will be hoping it can emulate the stock market success of PDD Holdings, the owner of rival cut-price clothing retailer, TEMU.

Shares in PDD are up almost 650% during the last five years, reflecting the exceptional growth being delivered in the USA, in the UK, across Europe and throughout Australasia.

[sellhighandbuylow] 21/6/2024 14:53

Maybe you were looking at 2023 metrics not 2024 metrics ??

Looks like you are living in the past, as usual LOSER BOY

[wolfofhounslow] 21/6/2024 14:23

No it doesn't There is marked increase over previous months https://www.similarweb.com/website/asos.com/#ranking

[throgmortonstreet] 21/6/2024 13:43

Latest data traffic metrics to 31 May 2024 show visitor numbers still falling at ASOS.

Maybe former ASOS customers are now buying clothes from SHEIN and from TEMU

[wolfofhounslow] 21/6/2024 09:56

Gains were led by clothing and footwear retailers, furniture stores, and sports equipment, games and toys stores, amid improved footfall, better weather, and the impact of promotions. Also, sales at non-store retailers, which are predominantly online retailers, rose by 5.9%, the largest monthly increase and index level since April 2022.*https://tradingeconomics.com/united-kingdom/retail-sales

[factsandfigures] 21/6/2024 08:16

All around the world, customers love SHEIN clothing, especially their low prices, easy returns and free delivery

www.shein.co.uk

[wolfofhounslow] 21/6/2024 08:14

*Gains were led by clothing and footwear retailers, furniture stores, and sports equipment, games and toys stores, amid improved footfall, better weather, and the impact of promotions. Also, sales at non-store retailers, which are predominantly online retailers, rose by 5.9%, the largest monthly increase and index level since April 2022.*https://tradingeconomics.com/united-kingdom/retail-sales

[qantas] 21/6/2024 07:47

Fun fact shorts are in dire trouble.

Live news: British retail sales rebound much more than expected - via @FT

Please do your own research as always and always follow FCA guidelines

[factsandfigures] 20/6/2024 16:42

Which one of the clown aliases (QANTAS or WOLF OF LOSERVILLE) stated:

"The Fed WILL cut US interest rates in June" (2024)



YOU'RE WRONG AGAIN, CLOWN BOY !!!

[wolfofhounslow] 20/6/2024 08:13

Chinese founded Shein and its entities have been slapped with a lawsuit in the English High Court by its UK competitor Oh Polly.Oh Polly along with its sister brand Bo&Tee have filed legal action to the Intellectual Property list of the High Court against Shein and its entities.The case, which was filed today, is labelled as a copyright and design right claim.According to its T&Cs, Oh Polly, its logo, Bo&Te, and its logo are registered trademarks in the UK and other countries.

[qantas] 20/6/2024 08:11

Good morning G-Y Bears doomed to failure share price hammering up.

Hello Kitty says Hodl to infinity and beyond.

Anyone would think BOO and ASC are Shein chat lines what muppets they are loads of egg on face.

Please do your own research as always and follow FCA guidelines.

[sellhighandbuylow] 19/6/2024 08:52

The imminent arrival of SHEIN onto the London Stock Exchange will send shivers down the spines of rivals ASOS and BOOHOO.

Valued at about £50 Billion, SHEIN's meteroric rise in popularity is one of the factors that has hurt global sales at loss making rivals ASOS and BOOHOO.

UK investors that do back the SHEIN floatation will be hoping it can emulate the stock market success of PDD Holdings, the owner of rival cut-price clothing retailer, TEMU.

Shares in PDD are up almost 650% during the last five years, reflecting the exceptional growth being delivered in the USA, in the UK, across Europe and throughout Australasia.

[qantas] 19/6/2024 08:25

Another great day hammering up short G-Y Bears doomed to failure.

Please do your own research as always and follow FCA guidelines.

[throgmortonstreet] 19/6/2024 07:29

Inflation in the United Kingdom may have fallen to 2% but the cost-of-living crisis is not over yet – far from it.

Prices are still rising, just not as fast.

Recent data from Kantar Research shows 22% of all UK households say they are struggling, and are either unable to cover their expenses or are just about making ends meet.

Consumer confidence remains very weak, with many households still feeling the need to restrict discretionary spending on new clothing.

[qantas] 18/6/2024 18:40

Fun fact Hello Kitty say hodl Yoda to infinity and beyond.

Shorts closing.



Please do your own research as always and follow FCA guidelines.

[factsandfigures] 18/6/2024 11:04

Which one of the clown aliases (QANTAS or WOLF OF LOSERVILLE) stated:

"The Fed WILL cut US interest rates in June" (2024)



YOU'RE WRONG AGAIN, CLOWN BOY !!!

[qantas] 18/6/2024 09:03

In your dreams Abyss

[qantas] 18/6/2024 08:02

I am back Black hole.

Fun fact shorts doomed to failure.



Please do your own research and always follow FCA guidelines.

[sellhighandbuylow] 17/6/2024 19:05

Wolf of Loserville and all his other LOSER NAMES has got badly burnt on so many small cap dog shares - he's now a walking fire hazard

[wolfofhounslow] 17/6/2024 17:49

After pulling in an almost £300m full-year loss last year, the online retailer has been in turnaround mode, clearing stock and resetting its commercial model to focus on profitability. But now the retailer has its eye on growth opportunities as it looks to move towards its goal of returning to profitability in 2025.As the world gears up for a whirlwind summer of sports, including the Euros, which kicks off this evening, and the Paris Olympics, Asos is making sure its sportswear offer is primed to win.Asos head of sportswear Tim Williams and director of Asos Media Group Elton Ollerhead catch up with Retail Gazette to share how its sports offer is helping drive growth at the retailer.Asos' growing sports offerWith over 800 brands available online, including 20 sporting favourites such as its own label 4505 to titans Nike and Adidas and industry disruptors such as On Running and Tala, Asos' sports offer has grown rapidly over recent years to meet growing demand.Williams says: "Sportswear has been an important category for a long time. With the key events happening this summer, specifically the Euros, the Olympics, and Paralympics across two of our key European markets, it feels like an amazing time to really blow up sportswear."He calls Asos' sportswear offer a "unique" one within the category because its "very much through a fashion lens", unlike traditional sporting retailers such as Sports Direct and Decathlon."Whether you're looking for trainers to wear to the pub, a t-shirt to the beach, or activewear to actually work out it in, it is all part of what the sportswear message is throughout the Asos journey."Williams says there is an opportunity to "spotlight and enhance" the sportswear brands it stocks during this pivotal summer of sports to drive growth, which is where its retail media offer comes in.There has been a goldrush in this space over the past year or so as brands try to reach customers through advertising on retailers' websites. It's becoming big business for retailers too with retail media sales set to top £22bn by 2026, according to trade body IAB Europe.Ollerhead explains that Asos Media Group will be working with sportswear brands to help them "win on Asos" during this summer of sport."They want to sell their product on Asos and so do we. So we really want to work close with them. It's about amplifying what they've got, be it a new seasonal launch or a new product launch."We align it with the calendar and over the summer we've got a host of different sporting events which we know our customers are going to be really interested in."They will be dressing for a lot of those things, so we're looking at which brands are going to resonate really well over the summer, so we can specifically highight that."He uses the example of On running, which has a "fantastic partnership" with movie star Zendaya."They want to amplify that with us so we're going to be working closely with them using some of the fantastic imagery they've got." On and Zendaya: AsosHe adds this collaboration, which is one of many taking place this year, is expected to resonate strongly with Asos' customer base, given Zendaya's popularity and her prominent role in the recent sports blockbuster 'Challengers,' released earlier this year.Evolving customer needsWhile Asos already boasts successful clothing, footwear and face and beauty offers, Williams emphasises that sportswear "continues to be a huge part of the consumers' day to day wardrobe".He notes that one of the few long-lasting trends post-Covid is that consumers are "more active".Williams says that Asos has a "really unique point of view in the marketplace" as it appeals to shoppers that want their sportswear to be fashion focused.He highlights the consumer that might want to wear an England shirt to the pub, but pair it with their Topshop jeans and Birkenstock sandals or Doc Martens."These are all brands that sit in the Asos portfolio, and you can go one step further and think about the hair and makeup and the styling. The work that [its creative team] Asos Studios does in terms of bringing those looks to life really allows us to speak to that consumer."The sportswear boss also explains that shoppers are seeking versatile products that can be used across various activities.