Asos reports significant financial challenges, depicting a bleak year of operations.An 18% drop in group revenue positions the retailer in a challenging financial landscape.Operating losses have…
Asos’s latest financial disclosures reveal significant challenges for the fashion retailer.Group revenue has declined by 18%, reflecting broader industry pressures.Operating losses have increased by 34%, amounting…
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…
