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Asos warns of weak sales as inflation hits clothes shopping

  Bloomberg British fast-fashion company Asos Plc warned that sales in August were weaker than expected as inflation crimped shoppers’ purchasing power. Full-year profit will come in at the lower end of guidance, with sales growth of only about 2%, according to a statement. The online retailer also cited a slow start to its autumn/winter ranges. “Asos remains cautious about ...

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Hong Kong relaxes its Covid travel restrictions at airport

  Bloomberg Hong Kong will end temperature checks for some passengers at its international airport, and relax quarantine requirements for local air crews, after some of the city’s most prominent voices called for an end to virus-related travel restrictions. Starting from September 10, transiting and outbound passengers at Hong Kong International Airport — except for those bound for China — ...

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August’s commercial flights in EU closer to 2019 figures

  BRUSSELS / WAM In August 2022, the number of commercial flights in the EU increased by 25% compared with August 2021,according to monthly flight data published by Eurostat. While this is still below the pre-pandemic levels, the gap is slowly closing (-14% compared with August 2019). In absolute terms, the number of commercial flights stood at 596 930 in ...

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