British retailer ASOS moves to recoup US tariff costs

Asos

23/04/2026 07:26

April 23 (Reuters) - ASOS ASOS.L said on Thursday that it has begun seeking refunds for U.S. tariffs paid during the first half of the year, as the British fashion retailer pursues a margin-focused turnaround plan to revive demand.

The company said it paid 7 million pounds ($9.44 million) in International Emergency Economic Powers Act (IEEPA) tariffs.

($1 = 0.7413 pounds)

 (Reporting by Yamini Kalia in Bengaluru; Editing by Subhranshu Sahu)

 ((Yamini.Kalia@thomsonreuters.com))