UK's Asos fall amid German import duty dispute

Asos

17/10/2025 08:10

** Shares of British fast-fashion retailer Asos ASOS.L down 2.7% to 233 pence

** Co in talks with German customs authority over legal dispute relating to import duty underpayments on shipments crossing German border over several years

** Asos contesting assessments, estimates additional liability at about 0.5 million euros ($5,85,600) after reviewing more than 95% customs declarations under scrutiny

** Co considers maximum exposure to be immaterial

** As of last close, stock down 46.2% YTD

($1 = 0.8538 euros)

 (Reporting by DhanushVignesh Babu in Bengaluru)

 ((DhanushVignesh.Babu@thomsonreuters.com))