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 ...
Britain's ASOS said it was confident it would return to growth in 2025, but last year's decline and tough competition showed ...
British online fashion retailer Asos has reported a substantial 18% decrease in statutory group revenue for the fiscal year 2024 (FY24), with figures dropping to £2.90bn ($3.77bn) from £3.54bn in FY23 ...
“Asos has shifted its focus from rapid sales growth to profitability ... especially in challenging markets like the US and ...
The online fashion retailer is forecasting underlying earnings to improve by at least 60% to between £130 million and £150 ...
Store openings help Primark with growth opportunities, while strategic initiatives at Asos suggest turnaround progress.
The remaining 2.5% stake will continue to be controlled with Asos's existing partner, US department store chain Nordstrom. The ecommerce pureplay trailed physical retail in the form of a central ...
The online fast-fashion retailer believes its adjusted earnings before nasties will total £130million to £150million for the 2025 fiscal year, helped by gross margins rising to over 46 per cent.
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Asos forecasts 2025 adjusted EBITDA to increase by at least 60 percent to 130 million pounds to 150 million pounds.
Asos, a leading fashion retailer, has entered into a significant partnership with Hirestreet to launch a new subscription ...