The online fashion retailer is forecasting underlying earnings to improve by at least 60% to between £130 million and £150 ...
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 ...
Asos has reported a full year loss and decline in revenue but insists it has laid the foundations for profitable growth as it ...
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ASC has been the subject of several research reports. Shore Capital restated a “hold” rating on shares of ASOS in a research report on Tuesday, November 5th. Barclays cut shares of ASOS to an ...
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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) ...
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 ...
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Elsewhere on Tuesday, online retail giant Asos reported mounting losses, reaching £393m in the year to 1 September. The group ...
"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 ...