ASOS losses rise amid inflation pressures and inventory sell-offs: ASOS revealed its adjusted half-year pre-tax losses amounted to £120m The London-based company reduced its inventory levels to £593 million. By Harry Wise… whatsnew2day.com/asos-losses-ri…#Money#ASOS#dailymail
Weakness in Europe's tech sector from ASML earnings outweighed by strength elsewhere following well rec'd reports from luxury goods maker #LVMH, shoemaker #Adidas (best gain in 11mths), online seller #Asos & miner Rio Tinto (saying it sees elevated #China steel exports keeping…
Weakness in Europe's tech sector from ASML earnings outweighed by strength elsewhere following well rec'd reports from luxury goods maker #LVMH, shoemaker #Adidas (best gain in 11mths), online seller #Asos & miner Rio Tinto (saying it sees elevated #China steel exports keeping… https://t.co/LdM7ftgbXj
#ASOS rises despite losses widening
👗The online fashion retailer posted an 18% fall in like-for-like sales.
📊 Underlying earnings are set to improve owing to cost cutting.
#ASOS 🔼 3.6%
#Tradingdotcomuk#MarketUpdate
RW: 67.43% of retail clients lose money.
@Gargi_at_home@drrhianelinor This ruling closes a loophole reading of TULRCA s146 which did not protect against #later mistreatment for strike action (or #ASOS) by upholding Article 11 of the European Convention on Human Rights (freedom of assembly, including the right to strike).
supremecourt.uk/cases/uksc-202…
Asos has appointed ex-Matches CFO Dave Murray to the role of chief financial officer, as the business today (17 April) posted a revenue decline of 18% year-on-year in its interim results. #asos#retailbit.ly/4aCvlRy
BUSINESS LIVE: UK inflation rate falls to 3.2%; Entain is affected by the new rules of the game; ASOS posts another big loss: This is why it’s money Updated: 03:07 EDT, April 17, 2024 Companies with trading reports and updates… whatsnew2day.com/business-live-…#Money#affected#ASOS
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