ASC Stock Down Over 14%, ASOS CEO Steps Down amid Concerns of Bleak Future
During the year period that ended on August 31, ASOS reported a 13% growth in active customer base to 26.4 million.
British Fashion Retailer ASOS May Finalize $411M Deal of TopShop & Miss Selfridge
Later today, ASOS is likely to announce the deal with Arcadia Group disclosing further details. It will be likely running the Topshop store in partnership with JD Sports.
Snap AR Technology to Contribute to 20% Ad Growth in 2021, Stock Jumps 7%
Snap has been pulling in gains in the last twelve months. MarketWatch analysis showed that the company had grown 189.10% over the past year.
Klarna Raises $460 Million Becoming Biggest European Fintech Company
Online payments firm Klarna, which has attracted a growing following with its “buy now, pay later” service for shoppers, said it had raised $460 million in a funding round that makes it Europe’s most valuable fintech startup.