Asos CEO’s Pay Rise Amidst Financial Challenges Retail 18 November 2024 Despite Asos facing financial challenges, CEO José Antonio Ramos Calamonte received a significant pay rise.The CEO’s annual compensation increased by…
Asos CEO Stays Positive Amid Challenging Financial Results Retail 7 November 2024 Asos faces significant challenges with an 18% drop in UK orders and a steep decline in revenue.Despite these setbacks, CEO…
ASOS Shows Resilience Amidst Financial Challenges A Focused Recovery Approach Business 7 November 2024 ASOS is navigating a challenging financial landscape, posting a significant loss of £380 million. Nevertheless, the company remains optimistic about…
Asos Faces Increased Losses Amid Positive Indicators Retail 5 November 2024 Asos has reported a significant pre-tax loss for the recent financial year, yet remains optimistic about future growth.For the year…
Asos to Reduce Head Office Roles Amid Restructuring Retail 25 September 2024 Asos plans to cut over 200 head office roles as part of a restructuring effort to combat rising losses.The restructuring…
Asos Divests Majority Stake in Topshop to Heartland Retail 5 September 2024 In a strategic business move, Asos has sold a majority stake of 75% in Topshop and Topman for £135m.Heartland, representing…
