Retail Insight Network on MSN
ASOS narrows H1 losses as earnings improve
Gross merchandise value (GMV) fell 9% to £1.17bn while revenue was down 14% to £1.11bn.
Asos shares fell by more than 2 per cent on Thursday despite the online fashion giant’s efforts to bear down on its losses.
Asos cut its operating loss by half (52%) to £100.9m in the six months to 1 March 2026, despite a dip in revenue.
Asos reports interim results for H1 2026, with revenue declining 14% to £1.12 billion and a statutory loss, but adjusted ...
Asos has launched a new closeout website in the UK as it looks to shed inventory. According to the British fast fashion site, it has launched “Asos Sample Sale” – a dedicated pop-up website for UK ...
Following today’s release of ASOS’s figures for the six months ending 1 March 2026; Sharon Iles, senior apparel analyst at GlobalData, a leading intelligence ...
LONDON, Sept 26 (Reuters) - British online fashion retailer ASOS ASOS.L on Tuesday reported a 15% fall in fourth-quarter sales and said second half earnings were expected to be around the bottom of ...
ASOS, a British fashion retailer aimed at young adults, plans to invest at least $100 million to upgrade its south Fulton County distribution center. London-based ASOS, which only sells online, will ...
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