The big shareholder groups in ASOS Plc ( LON:ASC ) have power over the company. Generally speaking, as a company grows...
In a few frantic weeks early last year, online fashion retailers Asos and Boohoo upended years of British high street history as they picked over the remains of bankrupt groups Arcadia and Debenhams. Since then, life has become much tougher for the fast fashion brigade. Shortly before the pandemic, Boohoo’s market value overtook that of British high street behemoth Marks and Spencer.
With its stock down 42% over the past three months, it is easy to disregard ASOS (LON:ASC). However, stock prices are...