ASOS (LON:ASC) Share Price Crashes as Growth Falters: The Start of the Decline?

Major, and rather unwelcome news hitting the airwaves today is that online fashion retailer ASOS has cautioned on growth and guided profits lower for FY19. The fact that fashion is struggling is no surprise: in recent times Bonmarche, Superdry, and Quiz have cited difficult trading conditions. However, ASOS operates a largely different business model to … Read more