We remain positive about the online fast-fashion seller’s long-term growth prospects
Thursday 15 Apr 2021 Author: James Crux
ASOS ( ASC:AIM ) £53.80 Gain to date: 10.3% Original entry price: Buy at £48.79, 28 January 2021 Our bullish call on online fashion retailer ASOS ( ASC:AIM ) is 10.3% in the money and record first-half results (8 April) only boosted our confidence in the web-based company’s long-term global growth potential. For the six months to 28 February 2021, ASOS’ total sales grew 25% to approaching £2 billion...