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The Independent UK

Lifestyle

Kate Ng

Asos to take £14m hit after halting sales in Russia

Asos Russia United States Ukraine United Kingdom

AFP/Getty

Asos has revealed that it expects to take a £14m drop in revenue as a result of its decision to withdraw sales in Russia.

The online fashion giant said it sank to a pre-tax loss for the six months to the end of February and has spent heavily on an overhaul to win more long-term customers.

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