ASOS reported a widened pretax loss for fiscal 2024 as it continues to pursue a growth recovery plan amid a competitive environment where fast-fashion players such as Shein, Temu and Vinted are ...

"ASOS has shifted its focus from rapid sales growth to profitability, reducing stock and emphasizing products with higher contributions," said Yanmei Tang, analyst at Third Bridge. The company said ...

The air cargo industry is all set for a strong, solid finish in 2024, driven largely by the increasing demand for e-commerce in the U.S. and Europe amid supply chain worries. Total demand, measured in ...

With average prices above those of Zara, H&M, and Primark, Asos operates in the midmarket segment, which has been underperforming in recent years, as it lacks the value proposition of low-cost peers ...

During the sale days, physical stores also join in ... including AliExpress, Amazon, Next, Shein, and Temu—basically stopped ...

Temu is at risk of being fined for breaching European Union consumer-protection law, adding to the e-commerce platform’s ...

As one of the newest players in the e-commerce space, Temu has quickly gained popularity for its wide range of products at ...

The Commission and national consumer authorities have found that Temu engages in illegal practices like fake discounts and ...

The EU Commission has issued a list of violations to Temu, which is required to submit information about how it will address ...

The European Union has triggered a significant investigation into Temu, casting a spotlight on its operational practices. This probe stems from concerns about the alleged sale of illegal goods, ...

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Check out our top picks from Steam Next Fest October 2024 for an idea of what to expect when the next sale arrives. The best Steam feature for keeping track of sales is your wishlist. Browsing ...