ASOS Plc (ASOMY.PK,ASOMF.PK,ASC.L), a British online fashion retailer, on Tuesday reported around 18 percent decline in sales for the 26-week period to March 3.
The company noted that it has recorded a good progress in implementing the Back to Fashion strategy, including action to clear aged stock and transition to the new operating model by fiscal 2025.
For the full year, the company has reaffirmed its guidance, still expects a 5 percent to 15 percent decline in sales with a positive adjusted EBITDA.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.