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Asos profit warning: Three factors behind online retailer’s fall from grace

City AM
18 July 2019

Shares in fast fashion retailer Asos plummeted this morning as the online marketplace warned that profits will be lower than expected this year.

The company blamed this morning’s profit warning – its second in just over six months – on operational issues at new warehouse facilities in Europe and the US.

Read the full article on City AM.

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