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The Latest Breaking News from Asos

Asos posts annual loss and warns of 'incredibly challenging' market as consumers cut back on spending

Trading has remained volatile since year end

Insider UK

ASOS Warns on Outlook as Consumers Feel Inflation Pain

British online fashion retailer ASOS said it needed to rebuild its once-successful business model after it reported an 89% drop in 2021-22 profit and forecast a loss in the first half, due to a rapidly deflating economy. The group, whose shares have fallen 80% this year, made adjusted profit before…

Asharq Al-Awsat

Asos to write off stock and cut costs as shoppers rein in spending on fashion

Online retailer reports disappointing sales growth and £32m pre-tax losses as it agrees £650m banking facility

The Guardian - UK

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Asos promises “culture reset” as it tries to turn itself around

Asos reckons its mostly young clientele – many of whom live with parents so don’t pay mortgages or fuel bills – should manage the cost-of-living crisis better than most.

Evening Standard

‘Big ticket’ retailers face difficult months ahead

Retailers selling non-essential items are suffering amid plummeting consumer confidence

Evening Standard

Asos shares plunge as it confirms talks with lenders over borrowing

Online fashion retailer says it is in ‘final stages’ of agreeing new terms for £350m loan facility

The Guardian - UK

Sunday headlines: Huge fire breaks out in Glasgow and Rangers fan who broke woman's leg avoids jail

Here are the main headlines on the Daily Record website today.

Daily Record

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Mum stunned as ASOS wedding outfit left her feeling 'like a half-opened present'

The mum says she had been at her 'absolute wit's end' after repeatedly ordering and returning outfits, until she finally found one on ASOS.

Daily Record

ASOS in Talks With Lenders to Amend Terms of $391 Million Facility

British online fashion retailer ASOS is in talks with lenders to amend the terms of its 350 million pound ($391 million) borrowing facility, it said on Saturday. “ASOS ...

Asharq Al-Awsat

Asos seeks £350 million credit boost to avoid financial buffers

Fast fashion retailer has been in talks with high-profile lenders to shore up financial position

Evening Standard

Mum mortified after ASOS wedding outfit leaves her looking like a 'half-opened present'

Hairdresser Suzannah Smith was left stunned when the £123 purchase arrived

Manchester Evening News

From ASOS to designer rentals: Here’s where to shop affordable skiwear

How to be chic on the slopes without breaking the bank

Evening Standard

Best Christmas jumpers for adults in 2022

It’s time to celebrate with a classic festive jumper

Evening Standard

Steal Their Style: The best looks from shoppers in the Arndale and Manchester Piccadilly including ASOS, Zara and Primark

Northern Soul lovers, bargain hunters and retail workers are among the most fashionable in the city

Manchester Evening News

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Daily Mirror

Holly Willoughby looks ‘beautiful’ in Nobody’s Child dress that's under £50

The perfect autumnal piece, Holly Willoughby's floral print Nobody's Child dress is both stylish and wonderfully affordable

Evening Standard

Best stocking fillers for adults 2022: Ideas for under £30

Stocking filler gifts for friends and family

Birmingham Post

Group led by former THG, Boohoo and ASOS investor takes In The Style stake

A former CEO of Tesco is also part of the group

Daily Mirror

Mum's horror at wedding outfit that left her looking like 'crumpled bog roll'

A woman who says she spent six whole months looking for the perfect wedding guest outfit couldn't believe her eyes after her ASOS 'monstrosity' left her looking like a 'crumpled bog roll'

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Birmingham Post

What's next for identity tech company GB Group after takeover talks end with Chicago private equity firm

GB Group works with the likes of Volvo, HSBC, eBay, John Lewis and Asos

Evening Standard

Best ankle boots for women that will complete your autumn outfits

Put your best foot forward and step into the season

Manchester Evening News

Steal Their Style: Six incredible outfits from Asos, Zara, Primark, Next and River Island

Style doesn't stop when you're a pensioner - this week, Bethan Shufflebotham has been chatting to shoppers of all ages about their glamorous and funky outfits

Liverpool Echo

I tried the £85 ASOS 2022 beauty advent calendar featuring Olaplex, MAC and more and it's worth the price tag

The ASOS Face and Body calendar is amazing value for money and features products worth over £200

Manchester Evening News

The best student discounts and deals for 2022 - including Domino's, Amazon Prime, ASOS and more

Freshers and returning students can bag themselves some great offers

Nottingham Post

The Nottinghamian: Lottery winners set up mobile chip shop and today's street style

Take a look at today's Nottinghamian newsletter

Liverpool Echo

ASOS selling 'bold' £62 autumnal dress perfect for a special occasion

'I wore the dress to a wedding and felt amazing all day and night'

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People

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John Holmes

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