U.Ok. On-line Trend Retailer Asos to Transfer to London Essential Market – Bloomberg

Asos Plc is transferring its inventory itemizing to the London inventory change’s predominant market in a long-anticipated shift to draw extra traders as demand for social gathering clothes and formal put on fuels gross sales. 
The U.Ok. on-line vogue retailer additionally stated Thursday that gross sales over Christmas had been stable, helped by manufacturers like Topshop. After surprising the market with a revenue warning in October, Asos held its full-year forecast regular and pointed to gross sales progress of as a lot as 15%.