GULF TIME On the sidelines of the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC ...
Read More »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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