Group revenues dropped 16% to £2.9 billion. But it said sales of new ranges were up 24% while sales of its mountain of old ...
Britain's ASOS said it was confident it would return to growth in 2025, but last year's decline and tough competition showed ...
ASOS optimistic about turnaround despite £380m loss, as inventory cuts and focus on full-price sales drive recovery ...
Asos reveals an 18% revenue decline and a 34% rise in operating losses to £331.9m, amidst slight recovery signs in stock ...
Calamonte highlighted the potential in Asos’ ‘test-and-react’ model, where items are ordered on a 2 to 3 week lead time. The model, currently 10% of own-brand sales, will be expanded to 20% ...
The chief financial officer of Asos bought more than £20,000 of the company's shares on Tuesday as their price plummeted.
Asos posted another loss despite slashing inventory levels and boosting full-price sales, as it remains focused on "sustainable, profitable growth", including the launch of a loyalty programme.
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 optimistic about turnaround despite £380m loss, as inventory cuts and focus on full-price sales drive recovery ...
Overall, Primark sales across the UK and Ireland grew by 0.7% in the year to 14 September ... Elsewhere on Tuesday, online ...
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 PLC (ASOMF) reports significant stock reduction, improved marketing efficiency, and a focus on sustainable profitability amidst sales challenges.