Day: 16 January 2023

Fashion News

ASOS has a mountain to climb

ASOS, the fast-fashion online retailer, has released a trading statement for the four months ended 31 December 2022: Revenue fell 3% with UK sales down 8% reflecting ‘weak consumer sentiment’ and disruption in the delivery market. Full-year guidance for cash outflow of (£100m) – £0m reiterated. In October 2022, CEO José Antonio Ramos Calamonte outlined […]

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