Online-only shopping falls out of fashion for Asos and Boohoo
Tie-up: Model Elle Macpherson for Boohoo brand Karen Millen Hedge funds betting against Asos and Boohoo are quids in as shares in the beleaguered online retailers test new lows. The two e-commerce groups, which pioneered the trend for fast fashion among younger customers, are currently the most ‘shorted’ shares on the stock market, meaning traders … Read more