Boohoo, online retailers lead Europe back to pandemic lows

Europe’s retail stocks are heading back toward pandemic lows. And after Thursday’s profit warning from Asos Plc. and the first United Kingdom sales decline in Boohoo Group Plc.’s history, it’s online merchants that are leading them there. Asos shares sunk as much as 28% on Thursday, falling to the lowest since August 2010. The warning […] The post Boohoo, online retailers lead Europe back to pandemic lows appeared first on Digital Commerce 360.