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What’s gone wrong at Asos – and can its identity crisis be fixed?
Every day, without fail, my phone buzzes with a new plea from the Asos app, like messages from an increasingly needy frenemy. “Hey queen!” they often shout, or “hey gorgeous!”. Then they get down to the serious business of sharing money-off codes of ever-increasing percentages, or pointing in the direction of last, last chance (no really, it’s the end!) sales. Couple these constant discounts with an overwhelming array of clothing to sift through (including past-season styles) and it feels like the online shopping giant has lost its way.Behind the scenes, the numbers paint a similarly gloomy picture. Earlier this month,...
Gardner: Is inflation making economy good or bad? Both, at same time
At lunch with an old friend, talk turned to the high cost of dining out. Entrees over $25 are not uncommon around here. By the time we were served, our conversation segued to the rising cost of hotel rooms. My friend paid over $500 a night in New York City. I told him a local hotel owner I know gets $290 a night on weekends. He’s usually full. When the...
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