British retailer ASOS moves to recoup US tariff costs
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))