News and Announcements

Asos shares surge on outlook, Topshop stake sale to Heartland

By Frank Prenesti

Date: Thursday 05 Sep 2024

(Sharecast News) - Shares in Asos surged by a fifth on Thursday as the troubled online fashion retailer said it was offloading 75% of the Topshop group as part of a joint venture deal with major shareholder, the Danish fashion billionaire Anders Holch Povlsen.


Asos, which has faced...

Sign up for free or to read the full story

Email this article to a friend

or share it with one of these popular networks:


Article Archive

Top of Page