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Birmingham Post
Birmingham Post
Business
Jon Robinson

Warning issued to investors in Boohoo, Next, M&S and ASOS

Experts have warned investors in Boohoo, M&S, Next and ASOS to hold off buying up more shares after a range of issues emerged in recent weeks.

Analysts at Panmure Gordon have told investors to hold their positions following an "absence of demand" and reports distribution centres have filled up.

The firm added that retailer's trading patterns this month "will to a degree be distorted" by Black Friday and Cyber Monday promotions so the "distress is likely to become more apparent" towards the end of the month and into December.

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