ASOS PLC

ASOS Plc engages in in the operation of a multi-platform offering fashion products for 20-somethings. The firm offers clothes and other fashion items available in retail. It operates through the following geographical segments: United Kingdom, United States, and European Union. The company was founded by Nicholas Jon Robertson and Quentin John Griffiths on June 2, 2000 and is headquartered in London, the United Kingdom.

Nordstrom

Nordstrom (JWN) invests in a UK-based online fashion company, ASOS's iconic brands to deliver growth. Management looks to drive innovation for shoppers.

Nordstrom (JWN) Buys a Minority Stake in ASOS's Four Brands

In an attempt to attract younger consumers, Nordstrom has acquired a minority stake in ASOS Holdings, whose portfolio includes the Topshop, Topman, Miss Selfridge and HIIT brands.

Nordstrom And Asos Announce A Joint Venture Aimed At Attracting Gen Z

US department store chain will put fashion brand's clothing back in brick and mortar shops

Asos strikes deal with Nordstrom to sell Topshop in US stores

Nordstrom Inc (NYSE:JWN) is in the spotlight today, after the retailer announced a collaboration with British fashion brand Asos.

Nordstrom Stock in the Spotlight on Joint Venture

Nordstrom has obtained a minority stake in the Topshop, Topman, HIIT and Miss Selfridge labels. Its investment will fuel the expansion of the brands around the world, according to a Monday (July 12) announcement from Nordstrom and British fashion retailer ASOS.

Nordstrom Invests In Topman, Topshop Fashion Labels

Luxury department store chain Nordstorm Inc (NYSE: JWN) has acquired a minority stake in the Topshop, Topman, Miss Selfridge and HIIT brands of ASOS plc, a British online fashion and cosmetic retailer, for an undisclosed sum. ASOS will retain operational and creative control of the Topshop brands and a shared ownership model will ensure close collaboration between the U.S. retailer and ASOS.

Nordstrom Buys Minority Stake In Topshop, Topman, Miss Selfridge, HIIT Brands Of ASOS For Undisclosed Sum

Nordstrom Inc. announced Monday that it has taken a minority interest in four brands run by online retailer Asos: Topshop, Topman, Miss Selfridge and HIIT. Asos will continue to have creative and operational control of Topshop brands, but Asos and Nordstrom will have a shared ownership model.

Nordstrom takes stake in Asos brands including Topshop

Nordstrom will take a minority stake in Asos' Topshop, Topman, Miss Selfridge, and HIIT brands to grow these in the US.

Nordstrom partners with online fashion giant Asos to bring new brands to its stores as it looks to woo younger shoppers

British online fashion retailer ASOS will sell Topshop apparel at Nordstrom stores in a joint venture with the department store chain, it said on Monday, in an effort to reach more U.S. and Canadian customers.

Britain's ASOS to sell Topshop apparel at Nordstrom stores in U.S. push

ASOS PLC (LON:ASC) said it has formed a joint venture with US-based multi-channel retailer, Nordstrom, which will take a minority stake in Topshop, Topman, Miss Selfridge and HIIT. The plan is to help the brands, acquired earlier this year, grow in the US and Canadian markets.

ASOS to expand Topshop presence in North America with Nordstrom partnership

Nordstrom has acquired a minority stake in four brands owned by the online U.K. fashion house Asos, including Topshop and Topman.

Nordstrom buys stake in four apparel brands owned by U.K. fashion house Asos, in bid for younger shoppers

Nordstrom has acquired a minority stake in the fashion brands Topshop, Topman, Miss Selfridge and HIIT through a deal with UK online giant Asos, in the Seattle-based retailer's latest bid to boost its digital business and appeal to millennials.

Nordstrom buys stake in Topshop and Topman fashion brands in deal with UK online giant Asos

Alibaba

Overstock.com

The need for social distancing has become less of a driver for the ecommerce segment, which includes pureplays as well as traditional retailers with ecommerce capabilities. That's because, as estimates from the Commerce Department indicate, some of the traffic that moved online during the initial months of the pandemic is moving back to stores.

3 Stocks with Promise In Overvalued Ecommerce Industry

ASOS PLS ADR (ASOMY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

ASOS PLS ADR (ASOMY) Upgraded to Buy: What Does It Mean for the Stock?

XPO Logistics

XPO Logistics, Inc. (NYSE: XPO) announced a contract with ASOS PLC (LON:ASC) to manage a new fulfilment centre in Lichfield, England. The 437,000 square foot distribution centre at Fradley Park is expected to commence operations in August 2021, creating about 2,000 new jobs over the next three years.

XPO Logistics expands partnership with ASOS PLC for logistics in UK

The UK-based online fashion retailer experienced the strongest growth in its home country up 46% with Europe and the US markets up 18% and 16% respectively.

ASOS Delivers 24% Sales And 275% Profit Increases-Beyond The Numbers

ASOS PLC has priced a £500mln convertible bond, the proceeds from which it will use to refinance the acquisition of Topshop brands it bought in February as part of a £265mln deal. It said the influx of new cash will also provide “additional flexibility to continue to invest behind its global growth strategy”.

ASOS raises £500mln to refinance Topshop deal

ASOS plc (LON: ASC) said on Thursday that its pre-tax profit more than tripled in the first six months of fiscal 2021. The company attributed its hawkish performance to the ongoing Coronavirus pandemic that boosted online shopping in recent months resulting in a 25% growth in H1 sales.

ASOS plc says its pre-tax profit more than tripled in fiscal H1

ASOS PLC (LON:ASC) received a lukewarm market reaction after posting some impressive interim results. A 275% jump in profits wasn't enough to quell investor worries over the pandemic boom coming to an end.

ASOS in ‘wait and see' mode as pandemic boom comes to an end

British online fashion retailer ASOS reported a 275% jump in first-half profit, driven by the popularity of e-commerce during the pandemic but was cautious on the short-term outlook given concerns about the economic prospects of its young customers.

ASOS wary on outlook as finances of 20-somethings face pandemic hit

ASOS PLC (LON:ASC) posted a record interim performance after lockdowns brought people to shop online more than before. The AIM-listed clothier said some of these customers will move back to stores as restrictions are eased across its markets, but it expects online penetration to remain structurally higher than pre-pandemic levels.

ASOS posts record interims, boosts investment to keep customers after lockdowns

Among those companies due to report numbers on Thursday is Ladbrokes and Sportingbet owner Entain PLC (LON:ENT), which is scheduled to report a week after flagging that the completion of recent acquisitions of European operators Bet.pt and Enlabs. These moves see the sports betting and gaming group enter four new regulated European markets, bringing the total to 27 countries globally, as part of its plans to have 100% revenue coming from fully regulated markets by 2023.

Asos and Ladbrokes owner Entain will show lockdown split between online and offline

The coming week, which will be another four-day affair due to the Easter Bank Holiday, is looking a little light in terms of company news, however, there will be results and updates from some recognisable names including ASOS, Ladbrokes owner Entain and over-50s holidays and insurance firm Saga. Meanwhile, the macro diary is looking a little bare, although investors may be interested in UK PMI data on Wednesday and Thursday as well as the US PPI on Friday.

Post-Easter week to see updates from ASOS, Saga and Entain, PMIs eyed in macro dairy

Asos, the U.K. online retailer, bought the popular apparel brands Topshop, Topman, Miss Selfridge, and HIIT for $405 million.

Why the Stock of Online Retailer Asos Is in Fashion

Lloyds Banking Group

Lloyds Banking Group PLC (LON:LLOY), WH Smith PLC (LON:SMWH) and Stagecoach Group PLC (LON:SGC) are among the best shares for investors to buy for the expected UK economic recovery, according to one City broker. Expecting the UK to see the fastest rate of recovery among major economies, analysts at Peel Hunt picked out what they see as the best bounce-back stocks.

News for ASOS PLC Stock (ASOMY)