Published on 28 Mar 2024 on Sourcing Journal via Yahoo Finance
Asos Warned of 18% Drop in 1H Sales, But Also Had Some Good News
Asos Plc said on Tuesday that its strategy to turnaround operations is working.
“Asos is becoming a faster and more agile business, aided by the incredible work of our teams to speed up all of our processes to deliver the fashion, quality and prices that our customers want, when they want it,” José Antonio Ramos Calamonte, CEO, said. “We have reconfirmed our guidance for FY24 as we lay the foundations for a more profitable, cash generative business from FY25 and beyond.”