British online fashion retailer ASOS met forecasts, helped by demand for cut-price fashions abroad and strong trading in its home market.» Read More
European equities closed down on Tuesday, as earnings reports and renewed concerns over China dominated investor sentiment.
*China intervention helping calm market jitters- traders. *Alstom up on report GE deal set for green light. China, the epicenter of worries over the global growth outlook, enjoyed a late market recovery after nine Chinese brokerages pledged to buy more than 30 billion yuan of shares, according to the China Securities Journal.
LONDON, Sept 2- Nick Robertson, the founder of British online fashion retailer ASOS, has stepped down as chief executive after 15 years in which he transformed the internet start-up into a retail powerhouse with millions of fans around the world. ASOS, popular with Internet savvy twentysomethings and high-profile supporters such as British singer Rita Ora and...
*China intervention helping calm mkt jitters- traders. *ECB meeting, China holiday seen also soothing. LONDON, Sept 2- European stock markets recovered from a rough start to the week on Wednesday, rising almost 1 percent as traders pointed to intervention in China that helped calm wobbly markets and hopes for more central bank action.
LONDON, Sept 2- Nick Robertson, the founder of British online fashion retailer ASOS, has stepped down as chief executive after 15 years in which he transformed the internet minnow into a retail powerhouse with fans around the world. ASOS, popular with Internet savvy twentysomethings and high-profile fans such as British singer Rita Ora and U.S.
LONDON, Sept 2- The founder of British online fashion retailer ASOS is stepping down as chief executive after 15 years that have seen the firm transformed from an internet minnow to a retail powerhouse. ASOS said on Wednesday that Nick Robertson, who owns 8.4 percent of its equity, according to Reuters data, will quit as CEO but remain at the firm as a non-executive...
LONDON, Aug 19- British tennis player Andy Murray has ventured into crowdfunding. He is also investing in 3 D virtual reality shop builder Trilennium, which is backed by online fashion retailer ASOS, and in e-commerce investor Fuel Ventures, Seedrs said on Wednesday. Platforms like Kickstarter in the United States, which unlike Seedrs does not offer equity to...
*Q2 EBIT 22- 37 mln euro vs 35 mln year-ago. BERLIN, July 21- Europe's largest dedicated online fashion retailer Zalando said profitability slowed in the second quarter because of a "temporary rise" in payment costs. The operating margin eased to a 3-5 percent range from 6.4 percent a year earlier, equivalent to earnings before interest and tax of between 22 million...
European equities closed higher on Wednesday, following some positive economic data for the euro zone.
British online fashion retailer ASOS said it was confident its full-year profit and margin would be in line with expectations.
European equities closed flat on Thursday, as investors reacted to earnings and banking news.
Asian fashion e-commerce start-up Zalora is betting big on Southeast Asia as it aims to become a multi-billion-dollar company, its managing director said.
European equities closed sharply higher on Tuesday, with a surge in retail stocks helping to boost investor sentiment.
Amazon has said it is planning to open a photography studio in trendy east London, in an effort to become a leader in online fashion retail.
British online fashion retailer ASOS posted a 14 percent fall in annual profit after the strength of sterling hit sales growth.
Shares in Europe's biggest online fashion retailer Zalando rose 12 percent in their debut on the Frankfurt exchange on Wednesday.
European shares closed lower with investors looking ahead to a key Federal Reserve policy meeting this week as well as a referendum on Scottish independence.
European shares closed flat-to-higher on Wednesday as investors considered the possibility of more monetary easing in the euro zone.
Asos has resumed trading after it was forced to suspend orders following a suspected arson attack at its main warehouse.