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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 ...

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 ...

Representative image Britain's ASOS said it was confident it would return to growth in 2025, but last year's decline and tough competition showed the scale of the challenge the online fashion ...

LONDON (Reuters) -Britain's ASOS said it was confident it would return to growth in 2025, but last year's decline and tough competition showed the scale of the challenge the online fashion retailer is ...

The company faced challenges in customer engagement, with reduced order frequency and increased customer churn in the UK. ASOS PLC (ASOMF) had to write off GBP100 million of old stock, impacting ...

Asos's turnover shrank 18 per cent to £2.9billion in the year ending 1 September, with UK like-for-like revenues falling by 12 per cent to £1.55billion. Meanwhile, US sales plunged by 28 per ...

Asos posted another loss despite slashing inventory ... and launching a loyalty programme alongside the launch of a standalone site for Topshop. In its outlook statement it said that “as a ...