a 10% sales boom on Wednesday as it announced that its revenue surpassed £1 billion for the four months ending June 30 — but its UK sales fell.
Next-day delivery on ASOS products was unavailable in the UK or Europe for up to seven weeks during lockdown — this could partly explain its underperformance relative to Boohoo, Emily Salter, a retail analyst at GlobalData, said. The company said it remains cautious in its outlook for consumer demand, particularly for the impact of uncertainty on its "20-something customers."44.6% in the three months to May and UK sales surged. These figures suggest it grabbed some of ASOS' UK market share — but they were reported before allegations of low wages and unsafe working conditions at a suppliers' factoryASOS made up 2.3% of consumer clothing spending in 2019, compared to 1.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Roku steals share from linear TV to drive ad revenue growth - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Business Insider's best investing stories of the week ended July 14 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Business Insider webinar with one-click checkout startup Fast - Business InsiderJoin us today at 1:30 p.m! Business Insider payments reporter Shannen Balogh will speak with Domm Holland, Fast's co-founder and CEO, about how he came up with the idea for the company and Jan Hammer, general partner at Index Ventures. This is DOA
Source: BusinessInsider - 🏆 729. / 51 Read more »
Monzo: $1.6 billion bank startup launches Monzo Plus paid accounts - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Monzo?
Source: BusinessInsider - 🏆 729. / 51 Read more »
Here's how to know if your business is a small business - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Don’t take the government money! It will be a mistake.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Airbnb resuming IPO plans as business slowly rebounds: report - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Early investors looking for some cash.
Source: BusinessInsider - 🏆 729. / 51 Read more »