Asos rocks retail sector with profits warning after bleak November - business live

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Rolling coverage of the latest economic and financial news, as online fashion chain suffers a “significant deterioration” in pre-Christmas trading

 

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Blame the government !! The bank is empty and people can barely afford to eat and pay the bills ! No money for material things

I'm not surprised. Their service is appalling. Customer Care is non existent. They don't even seem to understand consumer law.

crb23751076 you in danger girl

cirquelet

I think that's how austerity works give the people who horde money in banks and offshore accounts more and give the people who spend money online and in high streets less and watch the results

Perhaps this is because people haven't got enough money. Austerity, remember?

Because we have less money to spend due to austerity. It's fucking simple.

People haven't the money many can't afford daily essentials. Blame the Tories.

This just looks like capitalism collapsing under the weight of its own contradictions. You can’t attack collective bargaining and wages and still expect people to have disposable income.

Let’s be honest, they’re struggling coz they’re selling shite at stupid prices. Primark/Boohoo/Missguided/Pretty Little Thing all sell pretty much the same stuff but at better prices 🤷🏻‍♀️

Been a customer of ASOS since they started with the full name As Seen Om Screen 20 years ago ; the idea then was brilliant but they have lost their way their customer care is bad and clothes more expensive . Now I try smaller online independents to shop from .

But I bought 8 of these 😟😟😟

Nobody has money anymore merry Christmas

ASOS really mismanaged Black Friday. Plus massive retailers like this, will have pegged their currency to the dollar so their suppliers will be taking the hit. Easier to blame Brexit though isn't it?

Sad to see ASOS down .....was one of the best stories on AIM. However, there is another option, how about trying this on for size? BMNperspective BushveldMin_Ltd VRFB VANADIUM BMN

People are smarter now. The aggressive bombardment of marketing of facebook/insta etc is annoying. People don't want brands invading their space. They want good deals and a personalised service (online and offline). Also we have no money 💸

Signs of the the brown stuff hitting the fan with the Uk economy? warning thesigns

Maybe all this business news is a sign that our current system of investor-based debt to fund operations is not a good, nor a sustainable, way in which we should maintain an economy.

Such trash quality.

Guess killing the disabled not a good idea after all ToriesOut

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Asos shares plunge by 35% as profits warning rocks retail sector - business liveRolling coverage of the latest economic and financial news, as online fashion group suffers a “significant deterioration” in pre-Christmas trading Nobody has any money 💰 On the one hand it is very sad if this leads to job losses. On the other hand it is hard to shed tears for the fashion industry and its relentless hyping of brands, celeb culture and over-consumption. Brexit gets blamed for everything 😄
Source: The Guardian - 🏆 84. / 53 Read more »

Asos shares plunge by 35% as profit warning rocks retail sector - business liveRolling coverage of the latest economic and financial news, as online fashion group suffers a “significant deterioration” in pre-Christmas trading ASOS: Don't say it Don't say it Don't say it Don't say it Dont say it Don't say it Don't say it Don't say it Don't say it .. ASOS: Brexit uncertainty
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