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Asos reports 50 percent increase in underlying profitability for first half
UK online fashion retailer Asos has announced a significant improvement in its financial performance for the first six months of the financial year ending March 25, 2026. The group reported an approximate 50 percent year-over-year increase in adjusted EBITDA, driven by enhanced gross margins and rigorous cost discipline. According to the...
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Epoch Biodesign closes a 12 million US dollar funding round
UK biotechnology company Epoch Biodesign has closed a 12 million US dollar strategic funding round, including investment from Canadian activewear brand Lululemon, alongside Kompas VC, Happiness Capital, Extantia and Leitmotif (a VC backed by Volkswagen) to accelerate the commercialisation of recycled nylon. In a statement, Epoch Biodesign, a...
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