Asos widens losses as shoppers cut back
The online retailer, which owns Topshop, says trading has been “very challenging” in recent months. …
“Not so long ago, Asos was seen as the future of retailing in this country but it has been a long time since it has lived up to that tag. Ironically, online-only retailers such as Asos and BooHoo were meant to be the final nail in the coffin for bricks and mortar retailers, but the High Street is fighting back post-pandemic,” he added.
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