ASOS and Nordstrom are the ninth and seventh largest e-commerce fashion brands by sales, respectively. market involving a strategic partnership with Nordstrom.
ASOS recently acquired Arcadia's brands, including Topshop, while also beginning an expansion into the U.S. 40% of sales are in the UK, 30% in the EU and 30% in the RoW. Its target demographic is "20-something" year olds, offering them over 90K products across its nine ASOS brands and over 880 third party brands. Regardless of an immediate catalyst, the future cash flows of the business will reward investors with over 64% growth in share price.ĪSOMF is a wholly online fashion and cosmetic retailer based in the UK. Given ASOS's track record of navigating changes in the industry and ability to understand new trends early, I believe this is very likely. If ASOS can show growth in the U.S., investor confidence will likely return as much of its total addressable market is here.
Now, ASOS can begin a true expansion into the U.S., having already soft-launched but yet to show real success. sales, confirming the early success of the Nordstrom partnership. In the past four months alone there has been an 11% increase in U.S. With the new brands and the Nordstrom ( JWN) deal, we believe that ASOS's growth can at least be maintained in the medium term, if not exceeded. Our expectation is for the fashion industry to continue to be robust with growth led by the U.S., the largest Western fashion market. The company has achieved a 22% CAGR in revenue over the previous five years, as the share price continued to fall. Click here to find out more »ĪSOS ( OTCPK:ASOMF)( OTCPK:ASOMY) has positioned itself strongly in a highly competitive segment of the fashion industry.
ASOS NORDSTROM PARTNERSHIP FREE
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