ASOS: Navigating Challenges Toward Renewed Profitability

Asos struggles with sales, but sees future growthASOS, the UK-based online fashion behemoth, has announced a huge £120 million pre-tax loss for the first half of fiscal year, a notable decrease from the previous year’s £87.4 million deficit. Despite this setback, the company’s total sales fell 18%, to £1,505.8 million. The adjusted EBITDA loss also […]