“Asos has shifted its focus from rapid sales growth to profitability ... especially in challenging markets like the US and ...
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Primark, Asos See Positive Signs Ahead
Store openings help Primark with growth opportunities, while strategic initiatives at Asos suggest turnaround progress.
Asos forecasts 2025 adjusted EBITDA to increase by at least 60 percent to 130 million pounds to 150 million pounds.
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 ...
Britain's ASOS said it was confident it would return to growth in 2025, but last year's decline and tough competition showed ...
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.
The online fashion retailer is forecasting underlying earnings to improve by at least 60% to between £130 million and £150 ...
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.
The remaining 2.5% stake will continue to be controlled with Asos's existing partner, US department store chain Nordstrom ... which in turn account for almost 50% of sales made through the platform.
SHOP ASOS UK It’s time for some seasonal sparkle, and ASOS's sale is just the place to find ... brand's bestselling products added to basket. In the US, celebrate Double 11 with a lavish 11 ...
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 ...