ASOS revenues down but losses narrow during ‘recovery period’

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 … Continue reading ASOS revenues down but losses narrow during ‘recovery period’