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 ...

CIA official Asif W. Rahman was arrested by the FBI Tuesday in Cambodia on two counts of violating the Espionage Act in ...

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 ...

Dufay said he was not planning to sell either operation, which will hold clearance sales before shutting ... fashion Chinese e-commerce retailers Shein and Temu. Dufay said in South Africa ...

Dufay said he was not planning to sell either operation, which will hold clearance sales before shutting ... amid increasing competition from fast-fashion Chinese e-commerce retailers Shein and Temu.

Amazon has launched a new shopping service, Amazon Haul, which touts low-cost items of $20 or less – a move to counter the ...

Oct 31 (Reuters) - Amazon's AMZN.O push to offer more everyday essentials like toothpaste is hurting its average selling ...