(Bloomberg) — As Europe crawls back to work after a holiday period laced with labor unrest, sky-high inflation and economic gloom, the British consumer is spreading some welcome cheer.
Online fashion retailer Asos was the UK's worst-performing stock in 2022, plunging 78% as cash-strapped Britons cut spending on clothes and the company struggles with soaring costs and rising debt.
Publisher: financialpost
Reference: (Read more) Visit Source
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