British online fashion retailer ASOS warned on Tuesday that annual revenue would come in below market expectations, citing subdued consumer demand and a slow recovery in its fast-fashion business. The ...
Asos Plc’s shares dropped the most in more than two years after the online fast fashion chain warned its full-year earnings ...
A rapid shift to online shopping in Britain due to COVID-19 has boosted retailers' sales and share prices, even though footfall in high street shops remains well below pre-pandemic levels.
In the FTSE 250 index, PayPoint shares rose 6% or 42p to 716p after Royal Mail owner IDS agreed to take a 49% stake in the company’s Collect+ operation. As a result of the investment worth £43.9 ...
British online fashion retailer ASOS warned on Tuesday that annual revenue would fall short of market expectations due to weak consumer demand, with profit expected to land at the lower end of its ...