Asos has reported a full year loss and decline in revenue but insists it has laid the foundations for profitable growth as it ...
The online fashion retailer is forecasting underlying earnings to improve by at least 60% to between £130 million and £150 ...
"ASOS has shifted its focus from rapid sales growth to profitability, reducing stock and emphasizing products with higher contributions," said Yanmei Tang, analyst at Third Bridge. The company said ...
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Year to date, overall revenues were down by 16% to £2.9 billion, while pre-tax losses widened to £379.3 million from £296.7 ...
The merger of Vodafone and Three today moved a step closer after the companies were told a huge 5G rollout could alleviate ...
Asos shares are down by around 11 per cent since the start of the year at 346.4p, and are 94 per cent below their April 2021 peak when lockdown conditions supercharged sales. The fast fashion ...
Asos will continue with its “marketing transformation” project, despite recording a 16% fall in sales to £2.9bn over the past year. CEO José Antonio Ramos Calamonte told investors today (5 November) ...
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Britain's ASOS said it was confident it would return to growth in 2025, but last year's decline and tough competition showed ...
Now let's talk sales. ASOS is shipping to 196 countries and has above 23 million active users. In its domestic UK market (69 million people), ASOS reaches 12% of the total population (8.16 million ...
ASOS reported a widened pretax loss for fiscal 2024 as it continues to pursue a growth recovery plan amid a competitive environment where fast-fashion players such as Shein, Temu and Vinted are ...