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 ...

"ASOS has shifted its focus from rapid sales growth to profitability, reducing stock and emphasizing products with higher contributions," said Yanmei Tang, analyst at Third Bridge. The company said ...

The air cargo industry is all set for a strong, solid finish in 2024, driven largely by the increasing demand for e-commerce in the U.S. and Europe amid supply chain worries. Total demand, measured in ...

With average prices above those of Zara, H&M, and Primark, Asos operates in the midmarket segment, which has been underperforming in recent years, as it lacks the value proposition of low-cost peers ...

The group's turnaround plan has seen it reduce stock and launch clearance sales to shift old ranges ... "combat the enormous ...

During the sale days, physical stores also join in ... including AliExpress, Amazon, Next, Shein, and Temu—basically stopped ...

The group's turnaround plan has seen it reduce stock and launch clearance sales to shift old ranges ... from other companies include the likes of Shein, as well as the rise of second-hand clothing ...

Autumn has arrived, along with a whole host of special promotions and sales from stores to welcome it ... they also have hundreds of styles in their clearance section marked with discounts up to 80%.

PM EST This story has been updated with a comment from an Amazon rep. Amazon is launching a Shein competitor, according to a ...

Shein's Ireland-registered entity Infinite Styles Ecommerce Co saw sales grow by 68% in 2023, hitting 7.684 billion euros ($8 ...

Amazon has launched a new outlet called Haul which caps the price of products on sale at $20 (£15.79), in an effort to take ...