Asos losses widen as UK sales fall 10%

// Asos chief executive remains confident on return to profitability as £300m cost savings turnaround plan takes affect
// The fashion etailer posted a reported pre-tax loss of £290.9m in the six months to February 28Asos chief executive José Antonio Ramos Calamonte is confident the retailer will return to profitability in the second half of the year despite losses widening.
The online retailer posted a reported loss before tax of £290.9m in the six months to Februa