Swiss cycling clothing manufacturer, Assos, has filed legal action against British fast-fashion eCommerce retailer, ASOS PLC, ...
The fast-fashion giant has been accused of breaching a contract by the premium cyclewear brand, which has a 'equipment not ...
As part of the deal, Asos agreed to pay 20.2 million pounds and said it would cease to sell cycling apparel or open stores in Germany, bringing to an end a lengthy legal battle that had first come to ...
Asos saw its total revenue for FY24 sink 18.1% with an industry onlooker noting it is crumbling from the pressure of its ...
"Within the UK, Asos expects a decline in the apparel market over the next 12 months but remains confident in its ability to take share against that backdrop," it said. The retailer said it ...
ASOS reported a widened pretax loss for fiscal 2024 as it continues to pursue a growth recovery plan amid a competitive environment where fast-fashion players such as Shein, Temu and Vinted are ...
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Primark, Asos See Positive Signs Ahead
Store openings help Primark with growth opportunities, while strategic initiatives at Asos suggest turnaround progress.
Asos said in a trading update last week that it had made improvements to sizing and how clothing and accessories are displayed on product pages. Last week, Asos announced it was selling the ...