UK's ASOS pursued by German tax authorities for unpaid customs duties, FT reports

Core Insights - German tax authorities are pursuing ASOS for unpaid customs duties, which is intensifying the challenges faced by the British fast-fashion retailer [1] Company Summary - ASOS is currently embroiled in a legal dispute with German tax authorities over unpaid customs duties, which adds to the existing pressures on the company [1] Industry Summary - The fast-fashion industry is facing increasing scrutiny and regulatory challenges, as exemplified by ASOS's situation with customs duties in Germany [1]