Company in the news: ASOS

ASOS (Aim: ASC), the online-only fashion retailer, is very successful indeed. It sells its own label and branded fashion products to young people across the world. Its website gets 71 millions hits per month and has signed up 8.2 million customers.

The stock market has been very excited about ASOS’s prospects for some time. The company, having grown very quickly in the UK, is set on repeating its success in places such as America and China, while continuing to grow. This has led to projections of massive profits in the future and a share price that [...]

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