Up next
Are shops open today?
August slump leads to online fashion retailer downgrading annual growth forecast to about 2%
Asos said sales in August were weaker than expected and warned that full-year profits would be at the bottom end of its guidance, with the cost of living crisis hitting cash-strapped shoppers.
The online fashion retailer, which made more than £190m in profits last year, expects profits for the year to the end of August to be about £20m.
