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Asos crashes to its first loss in 20 years as shoppers cut spending

The fast fashion retailer lost £32m in the 12 months to August 31, having made a profit of £177m a year earlier. And sales grew at the slowest rate since it was set up in London 22 years ago. ....

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Asos hit as shoppers spend less on fashion

The online fashion retailer says customers are spending less as the cost of living rises. ....

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Asos New CEO Unveils Restructuring Plan to Weather Inflation

Asos New CEO Unveils Restructuring Plan to Weather Inflation
businessoffashion.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessoffashion.com Daily Mail and Mail on Sunday newspapers.

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Asos warns of tough clothing market as shoppers cut back amid cost crisis

The group reported pre-tax losses of £31.9m for the year to August 31 against profits of £177.1m the previous year. ....

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Asos launches survival plan as it swings to £32m loss

Fashion retailer to rein in spending as it fears younger shoppers will cut back on clothes ....

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