E-Commerce

Asos CEO ‘astonished’ by discounting levels as promotions hit profit

Asos CEO ‘astonished’ by discounting levels as promotions hit profit

Asos boss Nick Beighton says there has been an “unprecedented level” of discounting in the final quarter of the year, which caused the online retailer to issue a profit warning to the stock market this morning. The post Asos CEO ‘astonished’ by discounting le…

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