(Reuters) -ASOS reported annual adjusted core profit below analysts’ expectations on Friday, as weak consumer demand weighs on the British fast-fashion retailer amid its efforts to check costs and revive the brand’s appeal.
Core profit stood at 131.6 million pounds ($172.28 million) for the year to August 31, whereas analysts on average were expecting 138 million pounds, according to a company-compiled poll.
($1 = 0.7639 pounds)
(Reporting by Pushkala Aripaka and Nithyashree R B in Bengaluru; Editing by Rashmi Aich)
