Boohoo H1 profit falls on reduced consumer spending, investment costs
British online fashion retailer Boohoo on Wednesday reported a 33.5% drop in core earnings for the first half of the year, ...
2 UK shares that insiders have been buying this month
Jon Smith reviews two purchases of UK shares by directors that caught his eye over the past week and explains his view of ...
Just Eat Takeaway sells Grubhub for just $650m - after paying $7bn in 2021
Just Eat has agreed to sell its US business, Grubhub, to Wonder for $650m - an astonishing 94% discount on the $7bn it paid ...
Cycling brand ASSOS of Switzerland hits Asos with legal action
Premium cycling brand ASSOS of Switzerland has launched legal action in a UK court against UK fast fashion giant Asos, City ...
Assos of Switzerland launches legal action against online fashion retailer Asos
The fast-fashion giant has been accused of breaching a contract by the premium cyclewear brand, which has a 'equipment not ...
BikeBiz3d
UK bike and e-bike subscription pioneer Buzzbike to close
Buzzbike counted household brands including Spotify, ASOS, Disney, and Sony among its clients ... We are immensely proud of ...
Diginomica3d
Enterprise hits and misses - retailers press for omni-turnarounds, AI ratches up the open source stakes, and "outcomes" hits buzzword fatigue status
This week - AI gives open source all it can handle, while retailers look to digitize their turnarounds. Marketers are still ...
I can’t stop using Klarna to buy now and pay later – and I’m suffering the consequences
You may have paid off your car via three instalments, but what about your Friday night takeaway? Ellie Muir found herself ...
Invezz7d
FTSE 100 index shares to watch: Aviva, Vodafone, ICG, Flutter
The FTSE 100 index retreated this week after the US general election. Several UK companies like BT Group and ASOS published ...
Will UK Brands Commit to Producing 1% of Their Clothing in Leicester?
An open letter to the British fashion industry urges brands to help the former manufacturing hub become a "beacon of ethical fashion production." ...
GlobalData on MSN8d
Asos reports 18% revenue decline for fiscal year 2024
British online fashion retailer Asos has reported a substantial 18% decrease in statutory group revenue for the fiscal year ...
Asos' Weak Balance Sheet and Lack of Scale Will Hinder Recovery
With average prices above those of Zara, H&M, and Primark, Asos operates in the midmarket segment, which has been underperforming in recent years, as it lacks the value proposition of low-cost peers ...