UK edition London closed
Markets
Delayed · 00:37 UK
Tuesday 27 October 2026 · London closed
Topic
Every Financial News story tagged ASOS, newest first.
Asos CEO José Antonio Ramos Calamonte remains optimistic about the company's future despite an 18% fall in UK orders.The company's revenue dropped 18% to £2.9bn, with a £331.9m operating loss.A joint venture with Heartland saw Asos sell a…
1–10 of 27
Despite widening losses, Asos is making strategic moves aimed at growth.The company's pre-tax losses rose to £379.3m for the last financial year.Sales fell by 18%, with total revenue at £2.9bn.CEO…
Amid financial losses, Asos CEO remains unworried about fast-fashion rivals like Vinted and Shein.José Antonio Ramos Calamonte emphasises the fragmented nature of the fashion market, seeing opportunity despite competition.Asos focuses…
Asos reports a £380 million loss but remains hopeful about recovery. Despite setbacks, they implement strategic changes to regain profitability.The focus on inventory reduction and full-price sales reflects a deliberate…
Navigating the cut-throat world of fashion retail, Asos stands resilient against competitors like Vinted and Shein. Despite reporting losses, CEO José Antonio Ramos Calamonte remains confident in Asos' strategic direction.…
Asos, the e-commerce fashion giant, has recorded another significant loss, highlighting ongoing financial challenges. Nevertheless, there are encouraging signs as the company continues its push towards "sustainable, profitable growth." Recent…
Shein's UK sales have surpassed Boohoo's, indicating a shift in the fast fashion market.In 2023, Shein reported revenues over £1.5bn, as Boohoo's sales fell to £1.4bn.Shein's annual profits rose to…
The recent sale of the Topshop and Topman brands marks a pivotal restructuring move by Asos, with significant implications for its future operations.Heartland now holds a majority stake in the…
Page 1 of 3
