ASOS battles slump as first-half sales plunge 18%

Struggling British online fashion retailer ASOS (LSE: ASC), saw a steep 18% decline in sales during its first half, the company announced on Tuesday. Despite this setback, the embattled firm maintained its full-year guidance, projecting … Read more

Why did ASOS shares plunge 11%?

Shares in ASOS (LSE: ASC) tumbled by 11% to 353.60 pence at the London open after the company announced a significant widening of its full-year losses as its revenue plummeted by double digits, painting a … Read more

Can ASOS shares make a recovery?

Asos, the online fashion business, has experienced a significant decline in its share price, falling 66% since February. The company has faced challenges due to declining sales and a financial slump caused by the end … Read more