Online fashion retailer ASOS posted an 18% drop in sales in its first half, but said it was on track to meet guidance for sales to decline by 5-15% over the full-year, as its plan to revive the business takes shape. Since the pandemic, the British company has struggled to grow and cast 2024 as a transition year, with the focus on speeding up processes, launching new collections and getting rid of a build up of excess stock.
ASOS reports 18% drop in first-half sales rte.ie - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rte.ie Daily Mail and Mail on Sunday newspapers.
FTSE 100 Live: Blue-chips lower, supermarket inflation slowest in two years proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.