LSE:ASC 15 May 2026

ASOS (LON:ASC) shares rise after Atlanta warehouse sale narrows debt gap

ASOS (LON:ASC) shares rise after Atlanta warehouse sale narrows debt gap

ASOS Plc shares jumped Wednesday after the online fashion retailer offloaded its final non-core warehouse asset. The disposal gives shareholders a cash boost big enough to shift the company’s debt profile, though sales growth still looks patchy. ASOS traded at 319p, rising 10.76% as of 16:35 BST, according to its investor page. AJ Bell put the day’s open at 300p, with the stock touching 322p in intraday action. ASOS saw 1.69 million shares change hands, giving it a market cap of £375.08 million.
July 1, 2026
M&S Shares Face Results Test as Marks & Spencer Starts £340 Million Warehouse Build

M&S Shares Face Results Test as Marks & Spencer Starts £340 Million Warehouse Build

Marks & Spencer Group plc has kicked off work on a £340 million automated food distribution hub in Northamptonshire—the biggest supply-chain spend in its history—as the retailer looks to ramp up food sales and grab a bigger slice of the grocery basket. Kevin Bennett, head of logistics at M&S Food, described the project as a “major step” that will “boost capacity” and drive down long-term service costs. The calendar matters: M&S will unveil its full-year results May 20, setting the stage for investors to gauge if food sales, store upgrades, and logistics investment are paying off—especially after a tough stretch for UK retailers.
May 15, 2026