RE: Investors Chronicle - Time to Return These Fast Fashion Shares - 18 May 202319 May 2023 18:02
From this article:-
The outlook for Asos is further clouded by the increasing pressure on established operators from new market players. Chinese company Shein, for example, is taking market share in the US to the detriment of both Asos and Boohoo, and has become a notable operator in the UK market, too.