September 14, 2024

ASOS offloads Topshop stake amid battle with Asian rivals

 ASOS offloads Topshop stake amid battle with Asian rivals

ASOS offloads Topshop stake amid battle with Asian rivals

Shares in ASOS, the online fashion retailer, have risen sharply after it revealed a sell-off in its Topshop brand and guided that annual profits would come in at the top end of forecasts.