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Breakingviews - ASOS bonus tweak stores up longer-term woes

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Breakingviews - ASOS bonus tweak stores up longer-term woes

Cash is king for ASOS's newish chief executive. On Tuesday, the 653 million pound fast fashion retailer changed the targets for José Antonio Ramos Calamonte's bonus next year. The portion of the up to 1.1 million pound payout linked to revenue growth will fall to 15% from 30%. Meanwhile the share linked to cash flow has been upgraded to 35%, and cost cuts will also be rewarded.

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Breakingviews - ASOS bonus tweak stores up longer-term woes

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Breakingviews - ASOS bonus tweak stores up longer-term woes

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