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 ...

Dufay said he was not planning to sell either operation, which will hold clearance sales before shutting ... Chinese e-commerce retailers Shein and Temu. Dufay said in South Africa "growth ...

Dufay stated that he has no intention of selling either business, which will have clearance sales before closing ...

Dufay said he was not planning to sell either operation, which will hold clearance sales before shutting ... competition from fast-fashion Chinese e-commerce retailers Shein and Temu.

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

The European Union has opened an investigation into e-commerce platform Temu looking at whether the company is doing enough ...

BRUSSELS (Reuters) -Chinese online retailer Temu will be investigated over whether it may have breached rules aimed at preventing the sale of illegal products, EU tech regulators said on Tuesday ...