FTSE down sharply as ASOS profit alert sparks wider retail selloff
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(Reuters) - UK shares fell sharply on Monday, as a profit warning from online fashion store ASOS reverberated across Europe and reinforced woes about slow sales during the busy holiday season, adding to a pre-Christmas gloom and worries over Brexit.Opening losses on Wall Street accelerated the fall, leading to the UK blue-chip bourse closing 1.1 percent lower and the domestically focused mid-cap index losing 1.4 percent in the first day of the year's last full week of trading.FTSE 100, which..