British retailer ASOS warns of revenue miss against challenging consumer backdrop

Core Viewpoint - British online fashion retailer ASOS has issued a warning that its annual revenue will fall short of market expectations due to weak consumer demand, and profits are expected to be lower than previously anticipated [1] Group 1: Revenue and Profit Forecast - ASOS anticipates that its annual revenue will miss market expectations [1] - The company expects profits to come in at the lower end of projections [1] Group 2: Market Conditions - The warning comes against a backdrop of weak consumer demand [1]