Asos CEO ‘not worried’ about Vinted or Shein despite mounting losses

Asos CEO José Antonio Ramos Calamonte has said he is “not worried” by rivals such as Shein or Vinted and insisted it can compete in the crowded fashion market.He explained “this is an incredibly fragmented market,” noting that fashion market leaders have 4 to 6% market share, “which means that there is enough space for everybody, provided you do a good job”.
Rather than focusing on other players, Neves said Asos’ “obsession” is to do t