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Asos warns (again)

Asos warns (again)

Shares in Asos (ASC) plunged by as much as a fifth after the online retailer issued its second profit warning in a matter of months. The group revealed that European and US sales have been hampered by operational issues tied to its warehouse programmes in Berlin and Atlanta. “Embedding the change from the major overhaul of infrastructure and technology” in these facilities has taken longer than expected.

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