what are behind this plunge in profits at asos?h a big —— as soon as it went into the stock market. it aimed for europe and america and in both cases, as the ceo has admitted, they totally underestimated the size of the problem, which raises questions about the quality of management at asos. of course, there was that first shock last december to investors with what many describe as a shock profit warning. interestingly, today, the premise of the shares still over 20%. do you think expectations have been well managed ahead of today's announcement? the figures were no surprise today. basically people are now saying that we have drawn a line under the sand, let's see what your country. the company has said that it has got to grips with the problem, so in america, the problems we re problem, so in america, the problems were that it underestimated demand and it also had the wrong selection for america in in germany, you as you mention, it has been investing in robots, which we know is the future of the world, but is it the future of the

this is asos, the retail giant that grew from humble beginnings.within the last hour and profits were down by nearly even though sales were up. they admit it has been a tough year and there is a lot to do to get the business back on track. so let‘s speak to the editor of the fashion magazine draper whojoins us editor of the fashion magazine draper who joins us now. editor of the fashion magazine draper whojoins us now. morning. talk through these figures. it is fascinating to this is a position where sales can fall 70, sorry, profits falling by 70% but sales are up profits falling by 70% but sales are up by profits falling by 70% but sales are up by 15%. we have seen operational issues with the warehouses having problems in the us and europe. something they have been unable to deliver the volume of clothing they need to meet demand and then we also haveissues need to meet demand and then we also have issues happening in the wider market with problems in downturn in spending and low consumer confidence and a lot of discounting as well. that eats int

over the last year, asos has installed more robots in its european warehouses and expanded in the us. in aberdeen, that's according to property website zoopla. but on average, renting a home in the uk has become more affordable. part of the reason — according to zoopla — is an increase in the number of people buying their first home, relieving some of the pressure on the rental sector. today, it's being reported that three of america's biggest drugs distributors are in talks to settle legal allegations that they helped to fuel the us opioid crisis. according to the wall streetjournal, the according to the wall street journal, the street journal, the settlement could be worth a massive $18 billion or £14 billion. let's turn to our new york corrspondent vivienne nunis to find out more. these are drug distribution companies, how are they thought to have contributed to the crisis? these are three of america's largest drug distributors. basically, they are seen as drug distributors. basically, they are seen as part of the supply chain, part of the problem that really helped get these opioi

as investors pile back into asos 's stock, analysts have been more cautious.se the fact that asos is on more iv solid footing, but many expressed disappointment at a lack of 2020 guidance. chandra with our stock of the hour. this is bloomberg. ♪ vonnie: live from new york, i'm vonnie quinn. guy: and from london, i'm guy johnson. this is "bloomberg markets." let's turn our attention to the rights market. let's go to chicago, the managing director of bite is joining us now. holly, we saw a little crack in the consumer data. retail sales numbers were a little weaker. is there too much we can read into this, that we start to move may be portfolios around on this? holly: given we are not talking about trade wars or tweets or whatnot, i think we are focusing on the retail sales data. i myself wouldn't make too much out of it, because we have seen negative numbers before that get revised. the august numbers were revised higher, pretty healthy. it shows the consumer having a little pullback, but i do not think it is a game changer or changes the entire dynamic. also,

(tx 00v)the uk online fashion retailer asos is paying the price the uk online fashion retailer asos isnd the us. it's announced cost—cutting measures after its profits plunged by more than two—thirds. the retailer says animal prints and satin styles were popular among customers. uk fashion company boohoo has been told one of its emailed advertisements must not use the phrase "send nudes". the company put the phrase in a message sent to promote a range of clothes coloured to resemble skin. the advertising standards authority upheld a complaint about the advert because it made light of a "potentially harmful social trend". now to brexit, and as talks continue in brussels, the pound has risen on hopes that a deal can be agreed. sterling is at its highest level in five months. prime minister boris johnson is under pressure to get a fresh agreement by thursday's european union summit. it sounds like a tall order to me. adam fleming is joining us from brussels. adam, what news, if any? the only thing we know for certain as a fact is the uk's chief negotiator david frost, just a few minutes a

the online clothes retailer asos in trouble as it struggles with warehouse problems and stronger rivals working yet. the fall out from racist chanting during england's match in bulgaria continues.

aso de nuestro estado. cÓmo estÁn las coiciones?traigo la informaciÓn en breve.os consulados con el fin de ayudar a los beneficiarios de tps que cada vez se sienten mÁs presiÓn que tienen al salir de este paÍs. nos explica de la capital del paÍs. >> se le acaba el tiempo a casi 200,000 salvadoreÑos con tps en estados unidos. es que un dÍa de la reuniÓn entre el canciller y la alianza nacional por el tps comienzan a tomar pasos que resulten en la extensiÓn de beneficio migratorio. los consulados jugar en papel importante brindando el espacio para que puedan reunirse y organizarse. >> ya prÁcticamente oficializa que enviar una nota todos los consulados para que eso pueda suceder. >> organizaciones tÍa no confiarse en ningÚn gobierno y seguir luchando. >> hay que organizarnos y seguir haciendo en estos esfuerzos. y todo lo que podamos para poder lograr la residencia permanente. >> en los Últimos dos meses han sido varias las reuniones entre miembros de alto perfil de ambos paÍses. a esta relaciones tiene fe don josÉ que lleva mÁs de 20 aÑos con tps. >> es muy difÍci

hispana es la mas promepensa e s ser victima de un krcrimen de o violencia domestica y no suelen oss asosoridades por miedo de ser e reportados esto puede ayudar a s la violen igratorio para lass violenica dviolen violencia domestica la fiscal se refiere a la visa u que es para ayudar a las v victimas de actividades crimi a criminales como la violencia domestica las victimas son vi i victimizadas 7 veces antes de e reportarlo a las autoridades s g segun la fiscalia del condado fresno reciben mas de 7 mil ll m llamadas al mcia domestica >> una madre dy sus hijos sal o salvados de ser atropellados ademas el sistema de navegacion de google tiene nuevas her herramientas que le encataran e pero a la policia no funciona o funcionarios de salud exigen e detallar peligros ocultos de p implantes de senos inmas informacion al regresar de la pausa >> ( musica ) gracias por continuar con nosotros legisladores exponen su preocupacion sobre videos en (nombre en ingles) porque puede ser auna amenaza para la se seguridad nacional temen que los videos sean usados por el g gobierno chino en contra de estad

aso down south a utility doing the deliberate power shut offs to prevent fire.erage live to the chase center. the warriors played a home opener tonight. season opener. >> yeah. building looks great the game not so much. warriors this was kind of rough tonight. they got blown out by a clippers team that might be the best in the league. dose of reality from steve so that early retirement we planned. it's going ok? great. now i'm spending more time with the kids. i'm introducing them to crab. crab!? they love it. so, you mentioned that that money we set aside. yeah. the kids and i want to build our own crab shack. ♪ ♪ ahhh, you're finally building that outdoor kitchen. yup - with room for the whole gang. ♪ ♪ see how investing with a j.p. morgan advisor can help you. visit your local chase branch. annoepidemic fueled by juul use with their kid-friendly flavors. san francisco voters stopped the sale of flavored e-cigarettes. but then juul, backed by big tobacco, wrote prop c to weaken e-cigarette protections. the san francisco chronicle reports prop c is an audacious

aso down south a utility doing the deliberate power shut offs to prevent fire.give you a break from wild fire coverage live to the chase center. the warriors played a home opener tonight. season opener. >> yeah. building looks great the game not so much. warriors this was kind of rough tonight. they got blown out by a clippers team that might be the best in the league. dose of reality from steve kerr. [female narrator] foods rich in folic acid like white bread and leafy greens can help prevent some birth defects before you even know you're pregnant. frustrated that everyday activities cause wrinkles and there's nothing you can do about it? now there's a solution! downy wrinkleguard is a fabric conditioner that helps protect you from wrinkles all day. just pour the dye free liquid into the rinse dispenser. after a day of wear, pants washed with downy wrinkleguard and detergent are virtually wrinkle free. it even comes unscented. if you don't love downy wrinkleguard, we'll give you your money back. they give us excellent customer otservice, every time.e. our 18 ye

. >> we need to get the help that we deserve, so we can have aso fu recovery. and for some, that full recovery, you know, we don't know if it will come. if you've lost a loved one, if you have a child that's been damaged, you're going to deal with that for the rest of your life. ingwoodruff: plus, an expa canvas. ke demand for original works of chinese art skyr, artists and collectors reinvigorate

much, it's aso pleasure to be with you all today. certainly the language is softer than it may have been back in june. ist is interesting to note the entire economic relationship between the u.s. and china is being modeled with the trading relationships. interimhope for an trade arrangement goes forward, the question remains if it is what the u.s. policy establishment wants. what i mean is not the republican administration, but the entire policy establishment as a whole. david:david: this takes us to the next question leading up to elections. his china an issue in the elections? in what form does the china narrative manifest itself as we approach the elections? >> if we go back to the end of the cold war, the u.s. in many ways did not have an enemy after russia, and has not replaced it with al qaeda. china has become this large strategic competitor across the board. it is evident china's rise in whatever way we decide to measure it, whether it's economically, in terms of innovation, militarily, or anitically, has infused element of n

hour, asos, upe by 20%. it has been a huge under performer.t has had big problems with technology and distribution. then there is the car sector. vw, up by 3.11%. i could have picked any of the names. strong -- treating strongly in the back of the car sales data. today.a big theme u.k. markets are at the center of the story. do we get a deal? the market is beginning to position for that. that is a look at the european close. vonnie: during a meeting with the italian president, president trump told reporters he predicted the market would go up today. we did get the market up a few tics. now, we are back down again. from theof some news distributors of drugs and some of the drugmakers on opioids and potential settlements, that has some stocks rallying. bank of america is rallying after better results. we are seeing amazon rallying on credit suisse upgrade to the price target, $2400. several positive stories in the market. overall, it is a bit of a negative tone. china vowing to retaliate should congress in the u.s. take steps to pass a bill that

like his aso he shall t i can'ts, hecan'ts associates, he's charged with violating campaign law. >> a south bay man used to live there. hoos the former ambassador to ukraine and former member of the national security council. >> reporter: such a riveting conversation with ambassador piper. he sits in his living room couch in silicon valley many times shaking his head at the dop withments in washington wondering what he would do if he was ambassador to ukraine. >> i have to say at this point i'm glad i'm not in government. >> that comes from a man who spent 26 years as a foreign service officer for the united states. steven piper was ambassador to ukraine from 1998 to 2000 under president clinton. he's a democrat, but piper says in the foreign foreign service, your political affiliation should never matter. >> our job in life is to support the president whether he or she is republican or democrat. >> piefer worries about his colleagues in the state department and worries about ukraine, a country trying to eliminate internal corruption while trying to build its relationship with the uni

we aso experience another earthquake. and they experience when yesterday, so there's earth get earthquake. luckily, and fortunately they are small all but there gruden reminders to get prepared because as you said we experience loma prieta 30 years ago, this is a map right now now the shake intensity map. there's quick that just happened in hollister this morning, a 3.4 magnitude. and people who live in holster they're shaken up because they experience of 4.7. the following day. but let's go back to pleasant hill that's where we're live right now and they experience an earthquake last night of 3.4 talk to people here in the area most people did not el , but they will not stop talking about them earthquake that is still on their minds it was definitely a scary situation because it was so widely sell to people's people sent us pictures and videos of all the damage broken nears picture frames coming off the wall. a good representation of what could fall during a big earthquake. i so i spoke to one woman she lives in martinez

these two asoes ats of rudy giuliani flip. there's a lot here that terrifies people at the white house. >> is there enough here to allow you, and you are a lawyer, to be able to say i know what this narrative could look like, in other words, do we know, they had their hands in a lot of stuff, they're involved with rudy giuliani, and we know rudy giuliani is involved in a lot of stuff, some of that connects to donald trump. can you get from a to f? >> great question, ali velshi known for great questions. there are two theories. here's one good for the white house. a theory many are accused of crimes, innocent until proven guilty, if convicted did bad things, associated with people, that's as far as it went, bad apples defense and that's it. the other theory is that the people on the screen you see now and other individuals close to trump and rudy giuliani did know about the extent of this, that there was a larger criminal plot to take over u.s. foreign policy, not for the benefit of the united states, not for ideological reason

excepted as a member of the team, in order to be thought of as the equal of these guys, i the same aso work these guys, whether i get paid or not. so i just persisted in that. i think because of that, i became accepted as a member of the team. that was really key that i was , not thought of as different. although, once i was in the control center, that was a whole different experience. because i was sitting there on apollo 11, sometimes listening to the chatter, because we would hear three channels, four channels five channels at once. , and i kept hearing one channel being mentioned. someone saying, hey, have you seen what is on whatever? i finally thought, i wonder what is on that channel? i tuned it in, and it was me. [laughter] were was a camera -- there cameras all over the place. but they are supposed to be on the room as a whole. this camera was just on me. i had no idea how long it had been on me. i did not say anything about it. we didn't even know the term "sexual harassment" -- or "hostile workforce." there are two different ways to think about that. one is that it is a litt

when i read the indictment on rudy's two aso he shall t i can'ts, i see a level of details, quotes, attributions to the foreign national number one, times, places, filings that seem to indicate there might be court authorized wiretaps in this case. and if that's the case, then it's possible that rudy giuliani was intercepted inadvertently, not that he was the target necessarily, but that he was picked up on electronic surveillance. if that's the case, he needs to be much more careful than he's been today. the statement that he made to mike schmidt in response to mike's article as barbara said that i wasn't working for the ukrainians, i was working for trump. that kind of thing is going to be held up against what they have on tape if they have it, what they have from human sources. and as is usually the case when rudy opens his mouth, he may have defended himself a fara charge but certainly threw trump under the bus saying i was working at the direction of president of the united states. that's a problem. >> of course frank, it also means we can get ready for more charges of spying, no doubt. hey

lastly, all my retail, asos avoiding another profit warning and that's helping shares outperform, upearly 30%. carl, back to you. >> seema, thank you very much. >>> let's get a news update with sue herera at hq with that. >> good morning, carl. good morning, everyone here's what's happening at this hour turkish president erdogan telling parliament that syrian kurdish fighters must leave an area in northeast syria as of tonight. that's a condition for turkey to stop its military offensive. he rejected u.s. calls for an immediate cease-fire >>> prosecutors rejecting a proposed plea deal for the man charged with killing 11 worshippers inside a pittsburgh synagogue. robert bowers offering to plead guilty in exchange for life in prison, but prosecutors are seeking the death penalty. >>> a jury in wisconsin has awarded $450,000 to the father of a boy killed in the 2012 sandy hook school shooting after he filed a defamation lawsuit against a conspiracy theorist who falsely claimed that the massacre never happened. james fetser, a retired professor who co-wrote the book titled "nobody died a

. >> we need to get the help that we deserve, so we can have aso fu recovery. and for some, that full recovery, you know, we don't know if it will come. if you've lost a loved one, if you have a child that's been damaged, you're going to deal with that for the rest of your life. ingwoodruff: plus, an expa canvas. ke demand for original works of chinese art skyr, artists and collectors reinvigorate china's fine arts market. >> ( translated ): people have loved to collect art since the collections or prir it was royal collections. china was a country which favored art, but we had a break in our history. we are restoring it, this respect for art and culture. >> woodruff: all that and more,s on tonight's p newshour.on >> major funding for the pbs newshour has been provided by: >> bnsf railway. >> consumer cellular. >> and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. >> cnegie corporation of new york. supporting innovations in education, democratic eagagement, and the

to aso exposes the reader personal side of the presidents, particularly lbj. the reader also is exposed to the evolution of the secret service itself. i am a dermatologist and we are a visual lot, so i wanted to add photographs. i could have never left my house because my father had a lot of photos. lbj had given him this beautiful photo album, two of them, they are 8x10, beautiful photography. i wanted to seek some images of his service with the other 5 -- the other four presidents. i went on my archival journey. my kids accuse me of looking for any excuse to be in a library. and that is partly true. but i got my little presidential library passport and i went to the presidential libraries and archives, and it was delightful. i even got to come here. that's one thing i showed you. look at aily, when we photograph of one of the five presidents, we don't even look at the president. we immediately start scanning in the background looking for rufus, with a little baldhead. you have heard of where's waldo, it is wears rufus for us. i went on my quest for where is

i want to say something else about hillary, i was very critical of the clinton's in my book Ãso muchthey've never speaking to me since then. how did mrs. clinton respond which became the subject of a publicized fbi investigation and potentially criminal conduct? did she call it a witchhunt? no. did she call people at "deep state" per prosecuting her? no. did she attack the prosecutor and impugn their integrity? no. hillary clinton behaved the way most innocent people do when they are charged. they trust in the system, they use whatever legal are at their disposal. they answer all the questions anyone had to ask and she turned over tens of thousands of those emails for examination. i would contrast that with the way trump responded that he became the subject of the russia investigation. in a very interesting question, it unfolds in the pages of the story, did call me cost hillary clinton the election? remember the sequence of events in july 5 he said we are not recommending charges the whole email thing seems to be dead, trump was keeping it alive but it didn't have legs. suddenly in

e-3 send aso have the number of letters to the u.n.ecurity council condemning missile, youlaunch had boris johnson a few weeks ago say the iran deal is a bad with many, many defects. that's been our position. >> mr. chairman, my name is up. want to point out that letters and speeches are but crippling anctions on the part of our allys would make a real difference in exacting a very and antial price on iran hopefully causing dissent within their own country. a high it should be priority of our country to get ther nations to join us in those crippling sanctions. my time is up. >> can i say one other thing. happy to submit for the record these pages of european july 28, rting on going up to september 24, 2019. weekly basis with my european counterparts. just hadthe e-3 but we poland in town. we did a global ministerial on promote peacet to and stability in warsaw poland. we had 65 nations from almost continent attend. so we've made working with our priority.a that's under secretary hail, second pompeo, deputy secretary and so i'm happy to

precisely because you select the power of the economy were able to Ãso they can throw you out of officedemocratic election. which is exactly what we see with madero. he was reelected last year by wide margins yet at the same time people on average lost something like 24 pounds. they didn't all sign jenny craig. instead you had state employees being ordered to reelect the person they had food aid stands next to polling places. that's the necessary connection between socializing your economy and democratic purity. cuba is not starving socialism. it's kind of chugging along. here i will give you a few anecdotes from the travel rather than political economy story. to illustrate some of the dysfunction of a centrally planned system. remember state ownership of means of production. hotels are part of the means of production so you have state owned hotel industry. he could stay at the hotel national five-star diplomat hotel which by all reports is nice. other than that the state owned hotels suck. we stayed at one we were trying to sandbag it this one was supposedly three stars in one of bob's

up over 5% aso is a reported a drop in profit on surging costs and warned of muted steel demand. strategists cutting their price targets after the minor posted a drop in gold and copper output in the first corner. at 70-72.put shery: the asia-pacific unit of a be index has posted a decline in profit in its earnings debut as it faces a slowdown in its key chinese markets. asia consumer editor rachel chang joins us now to break down the figures. have seen a point to the success of their superpremium brands. what happened? >> well, what they are saying is that they saw a slowdown in their key china market, especially in the nightlife and restaurant channels. volume dropped the most 6% over that quarter. value did rise about the same amount. they also pointed to difficulties in south korea where their key brand, a competitor came on really strong. they will roll back a price increase that they put forward in korea. in order to adjust what they are doing there. i think the broader picture really is that the slowdown in the chinese market is intensifying throughout the economy. this un

met the yng prince were initially impressed. charismatic, decisive, with a vision-- not a plan, but asose, i have to get to." >> smith: you ththght he was a good thing. h >> i thougwas a-a good thing.di you say, "i'm dealing with a different kind of saudi than'v anythingever seen." >> smith: mohammed bin saln planned to finance his vision 2030 by taking saudi arabia'sau oil giant, aramco public, in an i.p.o. >> the bigst investment banks in the world have been salivating over the prospects. (bin salman speaking arabic) >> smith: to expand the economy, he also needed to intrsome major social reforms.st >> hs the religious police from having the right to arrest anyone in public f alleged infringement against publicmo lity. women, for instance, were ten targeted for not bei appropriately dressed. religious police can no long do anything. >> now you go to the malls, and. you'reax total segregation that w in place in this society is cracking down. we were hidden, bay, for a very long time, you know, just workn very traditional jobs, job anwithin the family protection. so now we're coming out

. >> sabemos que estÁ publicado en su portal web del 23 la asÓ americana de los abogados que web. estÁ de momento poco activa. en las prÓximas semanas iremos viendoquÉ ocurrirÁ en el pacÍfico. lorenzo es categorÍa uno y en las prÓximas horas podrÁ afectar a las islas britÁnicas con vientos fuertes y oleaje que nos afecta en forma de corrientes de resaca. mucho cuidado si quieren acercarse a la playa porque desde el Área triestatal las temperaturas serÁn muy altas y las corrientes pueden ser muy peligrosas. este grupo de tormentas que van hacia el norte del caribe no nos tiene que preocupar. tambiÉn tenemos otro grupo que tiene una pequeÑa probabilidadde desarrollo para los prÓximos dÍas. en el pacÍfico la cosaestar interesante porque recibimos mucha humedad y eso favorece que tengamos lluvias en el centro del paÍs. son lluvias que pueden ser intensas pero tambiÉn en chicago. allÍ las tormentas van a ser generosaslo que significa inundaciones, vientos fuertes y granizo asÍ que tocarÁ monitorear de cerca el paso de las tormentas. a las 9:00 a.m. la lluvia serÁ dÉbil y luego tendremo

caller: susan collins has tried herself aso position a reincarnation of margaret j smith, who was famously topplearty and helped to joe mccarthy. very solid much a republican, and despite the fact that she is regarded as one of the most bipartisan members of the senate, she really is not. she is going to be facing a very in thechallenge republican -- right, when she runs again for office. bernard in new york, you are next. caller: good morning. give me a chance, i hope, because there have been many, many left-wingers who are completely misinformed. i appreciate to straighten it out. about a week ago, you had a gentleman who called in and said the democratic party is the communist party. i would like to add a caveat to that. the democrats are not actually the communist party because they are not smart enough to be communists. the communists are brilliant people. they have taken over most of the world. political correctness is their weapon. host: that was a week ago. let's bring it up to here and now as far as impeachment and what you would tell your congressperson. caller: first of all, the