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ASOS Expects Sales Decline in 2023 Amid Turnaround Efforts; Forecasts Growth in 2025, Zalando Sales Decline in 2023

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Updated Nov 2, 2023, 12:22 PM

ASOS, the online fashion retailer, expects sales to decline this year as it continues its turnaround efforts. However, the company predicts a return to growth in 2025. Similarly, Zalando, another online fashion retailer, has also cut its sales forecast for 2023 due to weak demand.

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