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Tag: tumultuous

Asos profits plunge 68% after tumultuous year of IT chaos | Business

Profits at Asos have plunged by nearly 70% in a tumultuous year during which the former stock market darling’s shares plummeted and the online fashion retailer grappled with IT chaos at its overseas warehouses. Sales rose by 13% to £2.7bn in the year to 31 August, but pretax profits fell by 68% to £33.1m. Major …

Asos profits plunge 68% after tumultuous year of IT chaos | BusinessRead More