Asos Share Discussion Threads

[sellhighandbuylow] 11/12/2024 09:06

Loss making clothing retailer, ASOS operates in a highly competitive online fashion market, facing formidable rivals like SHEIN, TEMU, Inditex, Zalando, Boohoo, and H&M. This crowded environment intensifies pricing pressures and has lead to margin erosion as brands fight to attract and retain customers.

To stay afloat ASOS needs to constantly innovate and differentiate itself from its competitors. The pressure to remain relevant is relentless, whether through unique product offerings, enhanced customer experiences, or exclusive partnerships.

In such a competitive and fast moving market place keeping up with evolving trends and consumer expectations means ASOS is still losing ground to more agile competitors.

[qantas] 11/12/2024 08:32

Fun fact same multi chat line post what a loser..

[factsandfigures] 11/12/2024 08:05

Very poor results from clothing retailer Inditex today, and that doesn't bode well for ASOS

[qantas] 10/12/2024 10:32

Share price hammering up next target 442 pence..

[havinthelasttoast] 10/12/2024 10:31

Huge tank after next trading update

[robertbarns1] 09/12/2024 23:07

looks like more BAD NEWS

[robertbarns1] 09/12/2024 21:24

not looking good



expect 300p




or 250p after trading update / profits warning

[qantas] 09/12/2024 08:18

Robert what a muppet so doomed to failure.

[robertbarns1] 09/12/2024 04:04

i am shorting mainly from 5300p



also have opened at 4645p

[qantas] 08/12/2024 19:54

Shorts doomed to failure ready to hammer up in the morning.

Christmas is pure cream.

[robertbarns1] 07/12/2024 22:17

ASOS profits warning a day closer now






350p soon



could we see 300p or lower next year ?



TIME TO SHORT / SELL

[wolfofhounslow] 06/12/2024 19:11

Asos, Dune London, Superdry benefit from ?strong? Black FridayBY SABINA WESTON 2 DECEMBER 2024This year's Black Friday saw stronger demand and more full-price sales, leading UK and Irish retailers told Draper

[factsandfigures] 06/12/2024 18:48

THIS DOES NOT BODE WELL FOR ASOS
=================================

In a further sign of the nationwide slowdown in discretionary consumer spending, shares in Frasers Group, owner of I SAW IT FIRST and SPORTS DIRECT tumbled after lowering forward guidance for its Full-Year profits forecast.

The company now expects to only declare pre-tax profits for the fiscal year 2024/25 of between £550 Million and £600 Million, down from previous guidance of £575 Million to £625 Million.

Frasers also warned that after the recent Budget, consumer confidence remains low with shoppers very reluctant to spend.

[wolfofhounslow] 06/12/2024 18:17

Asos, Dune London, Superdry benefit from ?strong? Black FridayBY SABINA WESTON 2 DECEMBER 2024This year's Black Friday saw stronger demand and more full-price sales, leading UK and Irish retailers told Drapers.

[sellhighandbuylow] 06/12/2024 17:34

It's hardly fake news ya daft mug. The Financial Accounts for SHEIN (UK) have been filed at Companies House and are available to everybody............. even LOSERS like you

[ukneonboy] 06/12/2024 14:06

SHEIN'S LOW PRICES & GROWING POPULARITY ARE KILLING ASOS & BOOHOO
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Loss making clothing retailer Boohoo PLC has officially been overtaken by SHEIN, after the Chinese fashion giant revealed a near 40% increase in sales and surging profits.

According to new accounts filed at Companies House, SHEIN's pre-tax profits for just its British trading subsidiary, SHEIN (UK) surged from £9.8 Million to £18.7 Million for the financial year ending December 2023.

Sales at SHEIN (UK) rose 38% to £1.55 Billion, which is 30% higher than Boohoo's UK sales of just £1.09 Billion for last year and now they are planning to overtake ASOS too.

TAKE A LOOK FOR YOURSELF :-

[qantas] 06/12/2024 10:16

Ms Ping Pong's ball is still stuck..

[wolfofhounslow] 06/12/2024 08:20

Asos, Dune London, Superdry benefit from ?strong? Black FridayBY SABINA WESTON 2 DECEMBER 2024This year's Black Friday saw stronger demand and more full-price sales, leading UK and Irish retailers told Drapers.

[factsandfigures] 06/12/2024 08:17

THIS DOES NOT BODE WELL FOR ASOS
=================================

In a further sign of the nationwide slowdown in discretionary consumer spending, shares in Frasers Group, owner of I SAW IT FIRST and SPORTS DIRECT tumbled after lowering forward guidance for its Full-Year profits forecast.

The company now expects to only declare pre-tax profits for the fiscal year 2024/25 of between £550 Million and £600 Million, down from previous guidance of £575 Million to £625 Million.

Frasers also warned that after the recent Budget, consumer confidence remains low with shoppers very reluctant to spend.