ASOS Plc
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Semi-annual Revenue
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in mil. unless spec.Semi-annual Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- José Antonio Ramos Calamonte
- Full Time Employees
- 2,800
- Sector
- Retail trade
- Industry
- Internet retail
- Address
- Greater London House London GL United Kingdom NW1 7FB
- IPO Date
- Oct 3, 2001
- Website
- asosplc.com
- Similar Companies
- Business
- ASOS Plc operates as a British online fast-fashion and beauty retailer targeting fashion-loving 20-something customers worldwide. The company offers an extensive range of own-label and third-party branded products, including women's wear, men's wear, footwear, accessories, jewelry, beauty products, and cosmetics; its proprietary ASOS brands, designed by an in-house London team, feature fresh clothing, shoes, accessories, and gifts, complemented by around 900 partner brands curated for variety and exclusives. ASOS provides flexible fulfillment services such as ASOS Fulfilment Services, Partner Fulfils, and Test & React models, alongside an internet marketplace, payment processing, and brand management services. Founded in 2000 and headquartered in Camden, London, ASOS ships to over 200 markets from fulfillment centers in the United Kingdom, United States, and Europe, with additional operations in Germany, Australia, China, and other regions; it employs approximately 3,000 staff and lists on the London Stock Exchange under ticker ASC.L. In recent developments, ASOS enters a joint venture with HEARTLAND, under which HEARTLAND acquires a 75% stake in the entity purchasing the Topshop and Topman brands for £135 million, enabling ASOS to retain exposure to their growth while receiving net proceeds of about £118 million to bolster its balance sheet, with completion expected in late 2024. The company extends its facilities agreement with Bantry Bay Capital to May 2027, successfully refinances its asset-backed loan into secured term loans, announces organizational changes effective April 2025 including a geography-based structure with new managing directors for key regions and a shift to Product Development Teams, and reports substantial profitability gains with adjusted EBITDA rising over 60% through enhanced inventory management, faster time-to-market, and gross margin expansion.
Company News
Are Retail-Wholesale Stocks Lagging ASOS PLS (ASOMY) This Year?
'Snowflake' firm in ASOS hack message issues response
Asos confirms breach of customer data after hackers send rogue app notification
ASOS customers got an ominous notification this morning. Here's what the retailer is telling users.
Asos shares fall 13% after customers receive apparent hacking message
UK online retailer ASOS shares drop on hack reports
ASOS recovery gathers pace as Deutsche Bank lifts price target to 450p
ASOS returns to growth as Shore Capital lifts profit forecasts
ASOS returns to fourth-quarter growth as profit improves
Shore Capital raises ASOS price target to 520p as turnaround gains recognition
Are Retail-Wholesale Stocks Lagging ASOS PLS (ASOMY) This Year?
ASOS is becoming more investable as balance sheet risk recedes, says analyst
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Asos eyes profit boost from sale of Atlanta warehouse
AB Foods and ASOS are the most shorted stocks in retail, finds UBS
ASOS price target hiked after sale of mothballed warehouse
M&S buying ASOS warehouse is a shortcut to faster online growth, says broker
ASOS shares sashay higher as warehouse sale boosts balance sheet
UK's ASOS to sell Lichfield centre to Marks & Spencer for $90 million
M&S buys mothballed fulfilment centre from Asos for £67m