SWNS

SWNS

This content was supplied for The London Economic Newspaper by SWNS news agency.

Is it the end of consumerism?

Coming at the end of a dire year for UK retailers, the severe profit warning issued by ASOS a week before Christmas, on downgrading its sales growth target from 25 to 15%, has shocked the market. Could this be the end of consumerism? Despite the cash-flow troubles experienced by many...

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