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Posted by
Two Blokes Jun 16 -
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Stock
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The arguments for buying ASOS PLC (LSE:ASC) are growing stronger, reckon analysts at Shore Capital, following recent signs of operational progress that have led to much improved profit margins. Analyst Katie Cousins put out a note pointing out that the online fashion group has reduced inventory levels by 60% since 2022 and improved product freshness, with 80% of items now under six months old.
