Asos Share Discussion Threads

[robertbarns1] 30/8/2024 20:39

Barclays say we are worth just 300p




any bad news & expect a 30% drop

[wolfofhounslow] 30/8/2024 19:51

Fashion enthusiasts, it's time to buckle up! Reliance Retail's fashion e-tailer Ajio announced the launch of British fashion brand ASOS. Originally known as "As Seen on the Screen", the brand will be exclusively available on AJIO.The launch features over 3,000 options across ASOS's curated portfolio, including ASOS design for Men and Women's wear, ASOS Edition, ASOS Luxe, and Miss Selfridge. ASOS plans to expand its offerings to 20,000 options within a year.Founded in the year 2000 in the UK, ASOS quickly became a global fashion sensation, garnering a massive following worldwide, with over 2 billion visits and more than 80 million orders annually.ASOS is bringing its signature mix of cool, comfortable, and cutting-edge fashion to India. Available in nine languages and accessible in over 200 markets, the brand offers a curated edit of thousands of products, featuring nearly 900 global and local third-party brands alongside its own fashion-led labels.Meanwhile, Ajio boasts a diverse collection of over 6,000 brands and a million styles, featuring a mix of exclusive international names, proprietary labels and local brands. And according to Vineeth Nair, CEO of Ajio, this addition further strengthens Ajio's repertoire of top exclusive international brands.

[wolfofhounslow] 30/8/2024 19:51

https://www.editorji.com/amp/lifestyle-news/fashion-and-beauty/british-fashion-sensation-asos-debuts-exclusively-on-ajio-here-s-all-you-need-to-know-1725019876330

[qantas] 30/8/2024 14:02

SellHIGHandBuyLOW

Member since: 09 Mar 2024

lad will help you change your nappy.

[sellhighandbuylow] 30/8/2024 13:59

Failed share ramper, Jon Smith a.k.a QANTAS a.k.a WOLF of LOSERVILLE a.k.a AJ NOT VERY BRIGHT a.k.a RIVINGTON STREET a.k.a Wololol a.k.a LOSSES is talking to himself again.

Same location, same IP address, same LOSER

[qantas] 30/8/2024 13:48

Wolf if you want a link to work you have to change one of the first five letters to a capital.

Then your links will work..

[wolfofhounslow] 30/8/2024 13:45

https://www.editorji.com/amp/lifestyle-news/fashion-and-beauty/british-fashion-sensation-asos-debuts-exclusively-on-ajio-here-s-all-you-need-to-know-1725019876330

[wolfofhounslow] 30/8/2024 13:44

Fashion enthusiasts, it's time to buckle up! Reliance Retail's fashion e-tailer Ajio announced the launch of British fashion brand ASOS. Originally known as "As Seen on the Screen", the brand will be exclusively available on AJIO.The launch features over 3,000 options across ASOS's curated portfolio, including ASOS design for Men and Women's wear, ASOS Edition, ASOS Luxe, and Miss Selfridge. ASOS plans to expand its offerings to 20,000 options within a year.Founded in the year 2000 in the UK, ASOS quickly became a global fashion sensation, garnering a massive following worldwide, with over 2 billion visits and more than 80 million orders annually.ASOS is bringing its signature mix of cool, comfortable, and cutting-edge fashion to India. Available in nine languages and accessible in over 200 markets, the brand offers a curated edit of thousands of products, featuring nearly 900 global and local third-party brands alongside its own fashion-led labels.Meanwhile, Ajio boasts a diverse collection of over 6,000 brands and a million styles, featuring a mix of exclusive international names, proprietary labels and local brands. And according to Vineeth Nair, CEO of Ajio, this addition further strengthens Ajio's repertoire of top exclusive international brands.

[wolfofhounslow] 30/8/2024 10:47

Strategic update and results summary· Strong progress on Back to Fashion strategic priorities to make ASOS faster, more agile, and more profitable:- Delivered c.£240m year-on-year ('YoY') improvement in H1 free cash flow (outflow of c.£21m) through disciplined inventory and cost management, representing our strongest H1 cash performance since 2017.- Ahead of plan on stock reduction with £593m stock at H1 (vs. FY24 objective of c.£600m). Approximately half of the stock reduction came from the clearance of stock over 12 months old.- Sold through c.83% of AW23 stock in H1, representing a 17ppt YoY improvement and resulting in two-thirds reduction in volume of AW stock carried forward vs. prior year.- Increased stock turn on newness by more than 40% YoY with a c.10ppt YoY improvement in 12-week sell through - indicative of better and more relevant product under the new model.- Flexible models scaling well: Test & React running at c.5% own-brand sales and already above 30% in launch category (ASOS Design Jersey Tops); Partner Fulfils running at c.5% of partner brand GMV.- Structurally improved profitability with cost to serve4 down 120bps to 41.5% of sales despite volume deleverage over fixed costs and UK brand marketing investment.· As previously announced, H1 FY24 sales -18% as we annualised actions taken during FY23 to improve core profitability under the Driving Change agenda and with H1 intake c.-30% YoY as we right-size stock levels.· Over 60% of sales from product now excluded from promotions. However, adjusted gross margin down 260bps YoY due to planned discounting to clear old stock. Further clearance activity planned in H2 to unlock the full benefit of the new commercial model from FY25. Gross margin drag in H1 from heightened mix of old product sales estimated over 5ppt. Consequently, adjusted EBITDA ('AEBITDA') loss of £16.3m in the half.· Reiterating guidance for FY24 sales decline of 5 to 15%, positive adjusted EBITDA and cash generation. Further clearance activity planned in H2 to unlock the full benefit of the new commercial model from FY25.· AEBITDA for FY25 expected to be significantly higher than FY23 and FY24 driven by: (1) materially higher gross margin following removal of old stock and higher full-price sales mix of flexible stock models; and (2) ongoing transformation of the business following cost action already taken in FY23 and H1 FY24.

[lorse] 30/8/2024 10:41

Not learning much from this Michael Mouse thread tbh...

[havinthelasttoast] 30/8/2024 10:35

Wolfie

Wooooooooooooooo ya daft mug

[qantas] 30/8/2024 07:55

Sell this is the ASOS chat line nitwit./

Share price hammering up shorts doomed to failure.

[sellhighandbuylow] 30/8/2024 06:57

ASOS'S PROBLEMS JUST GOT EVEN BIGGER !!
=========================================

[qantas] 29/8/2024 11:18

Fun fact

Shop prices fall for first time in nearly three years

[sellhighandbuylow] 29/8/2024 06:58

psychochopper was spot on with this observation about Jon Smith (QANTAS): 28 Aug '24

Reading QANTAS’s posts, one can be forgiven for thinking that he actually believes it, when he says the shares are “hammering up”.

It seems he only ever posts when they are on an uptick, but completely ignores the previous falls when persistent selling has sent the share price lower.

Today is yet another example of that.

Given that Boohoo shares have collapsed from 300p+ to less than 10% of that amount, it’s fair to say that there have been many more days when Boohoo shares have been “smashed down” than have “hammered up”.

Aside from QANTAS's sheer lunkheadedness, another explanation is that QANTAS is simply a LOSER in denial.

[robertbarns1] 27/8/2024 00:59

Barclays have a target price set on ASOS of 300p






boohoo

[sellhighandbuylow] 26/8/2024 19:51

Jon Smith posting as WOLF of LOSERVILLE a.k.a QANTAS a.k.a AJ NOT VERY BRIGHT a.k.a RIVINGTON STREET a.k.a Wololol a.k.a LOSSES

(Same location, same IP address, same LOSER)



The failed share ramper from London, usually refers to macroeconomics and the state of the economy as part of his failed message board share ramping.

[wolfofhounslow] 26/8/2024 18:59

Strategic update and results summary· Strong progress on Back to Fashion strategic priorities to make ASOS faster, more agile, and more profitable:- Delivered c.£240m year-on-year ('YoY') improvement in H1 free cash flow (outflow of c.£21m) through disciplined inventory and cost management, representing our strongest H1 cash performance since 2017.- Ahead of plan on stock reduction with £593m stock at H1 (vs. FY24 objective of c.£600m). Approximately half of the stock reduction came from the clearance of stock over 12 months old.- Sold through c.83% of AW23 stock in H1, representing a 17ppt YoY improvement and resulting in two-thirds reduction in volume of AW stock carried forward vs. prior year.- Increased stock turn on newness by more than 40% YoY with a c.10ppt YoY improvement in 12-week sell through - indicative of better and more relevant product under the new model.- Flexible models scaling well: Test & React running at c.5% own-brand sales and already above 30% in launch category (ASOS Design Jersey Tops); Partner Fulfils running at c.5% of partner brand GMV.- Structurally improved profitability with cost to serve4 down 120bps to 41.5% of sales despite volume deleverage over fixed costs and UK brand marketing investment.· As previously announced, H1 FY24 sales -18% as we annualised actions taken during FY23 to improve core profitability under the Driving Change agenda and with H1 intake c.-30% YoY as we right-size stock levels.· Over 60% of sales from product now excluded from promotions. However, adjusted gross margin down 260bps YoY due to planned discounting to clear old stock. Further clearance activity planned in H2 to unlock the full benefit of the new commercial model from FY25. Gross margin drag in H1 from heightened mix of old product sales estimated over 5ppt. Consequently, adjusted EBITDA ('AEBITDA') loss of £16.3m in the half.· Reiterating guidance for FY24 sales decline of 5 to 15%, positive adjusted EBITDA and cash generation. Further clearance activity planned in H2 to unlock the full benefit of the new commercial model from FY25.· AEBITDA for FY25 expected to be significantly higher than FY23 and FY24 driven by: (1) materially higher gross margin following removal of old stock and higher full-price sales mix of flexible stock models; and (2) ongoing transformation of the business following cost action already taken in FY23 and H1 FY24.

[wolfofhounslow] 26/8/2024 10:37

Indians are exposed to global fashion trends and pop culture now more than ever," said Ajio's CEO Vineeth Nair in a press release. "With a growing appetite for international brands, Asos is perfectly poised to tap into the Indian market with India's favourite online fashion destination Ajio, catering to the young Indian shoppers looking for the latest in global fashion. This addition further strengthens Ajio's repertoire of top exclusive international brands, enabling us to deliver the best of fashion from around the world." Asos' new offering in India comprises its curated portfolio of own brands across menswear and womenswear including Asos Design, Asos Edition, Asos Luxe, and Miss Selfridge. The brand plans to add new styles each month and broaden its repertoire to 20,000 options in the coming 12 months. "Ajio's strong presence and understanding of the Indian consumer makes them the perfect partner for Asos as we work to bring the best style to fashion-lovers around the world," said Asos' CEO José Antonio Ramos. "We're excited to launch our trend-led brands in India and see our iconic fashion resonate with Ajio's customers." Ajio has scaled up its international label portfolio by two times in the last two years. Adding Asos to its roster also plays into the emerging premiumisation trend in the Indian fashion market which has been mirrored in Ajio's increasing average basket value over the past two years.

[wolfofhounslow] 26/8/2024 09:51

https://apparelresources.com/business-news/retail/asos-now-india-exclusively-ajio/

[wolfofhounslow] 26/8/2024 09:51

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

[wolfofhounslow] 26/8/2024 09:51

In today's fashion news, the beloved British brand, ASOS officially launched on Ajio in India. That's right, the brand has introduced over 3,000 options from its curated portfolio, including ASOS Design (menswear and womenswear), ASOS Edition, ASOS Luxe, and Miss Selfridge. The brand intends to expand its offerings to 20,000 options within a year by introducing new arrivals every month.