Asos has come under scrutiny for increasing its CEO’s pay despite notable losses.José Antonio Ramos Calamonte, Asos CEO, received a substantial 44% pay rise during challenging…
Browsing: José Antonio Ramos Calamonte
José Antonio Ramos Calamonte, Asos CEO, experiences a 43% pay increase.Despite the pay rise, Asos reports substantial pre-tax losses.The company’s sales have dropped significantly by 18%.Calamonte…
ASOS remains hopeful for a financial turnaround despite significant yearly losses, focusing on strategies that enhance profitability.By halving inventory since 2022, ASOS aims to improve profitability…
Asos remains optimistic about its financial turnaround, working through a significant £380m loss.The fashion retailer has cut inventory by half since 2022, focusing on full-price sales…
Asos CEO José Antonio Ramos Calamonte addresses concerns over competition from Shein and Vinted amidst mounting losses.Calamonte emphasizes the fragmented fashion market, indicating room for competition…
Asos reports a significant pre-tax loss of £379.3m for the year ending September 1, marking an increase from the previous year’s £296.7m loss.Despite the financial setbacks,…
Amid rising losses, Asos plans to streamline its head office workforce, significantly impacting around 200 roles.The retailer aims to simplify its organization to return to profitability,…