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ASOS revenues down but losses narrow during ‘recovery period’

Published: December 8, 2025 at 12:10 pm

Author: Patrick Killeen

ASOS has reported a drop in revenue in its latest annual results, but the online fashion retailer narrowed its losses as its turnaround plan continues to take effect.

The group’s revenue dropped from £2.9 billion last year to £2.5bn this year, with customers also falling from 19.7 million to 17m.

However, operating performance moved the right way, with the London-based firm posting an operating loss of £212m, a significant improvement on last year’s £332m.

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