|Bid||315.00 x 63000|
|Ask||329.00 x 23400|
|Day's range||322.20 - 326.90|
|52-week range||307.00 - 397.80|
|PE ratio (TTM)||45.15|
|Dividend & yield||0.24 (5.49%)|
|1y target est||353.08|
If retailers are faring badly in the UK then why are investors more relaxed about the store owners that rely on their rents? Anyone investing in British high street retailers today must not only contend ...
British online fashion retailer ASOS (LSE: ASC.L - news) on Thursday forecast sales growth for the full 2016-17 year at the upper end of its 30-35 percent guided range, as it reported continued strong trading both in its home market and overseas. Established in 2000 for fashion-conscious twenty-somethings, ASOS was an early e-commerce success story, but is seeing growing competition from the likes of British rival Boohoo and Germany's Zalando (Swiss: OXZALG.SW - news) as well as from traditional store-based chains who have invested heavily in their online offerings. Shares (Berlin: DI6.BE - news) in ASOS, which listed at 20 pence in 2001, have increased 30 percent over the last year, as the depreciation of sterling versus the U.S. dollar and euro post the Brexit vote has allowed the retailer to reduce prices and drive sales in its international markets.
European shares ended Tuesday on the backfoot as losses among defensive consumer staples and real estate stocks outweighed strength in autos and miners. The pan-European STOXX 600 was down 0.7 percent ...