Tag : Nick Beighton
Asos’ latest set of positive trading results are proof that customers are not moving away from fast fashion as it continues to “lead the way” on sustainability, CEO Nick Beighton has said.
Asos 'back on track' after record Black FridaySubscription
Asos has reported a 20% year-on-year rise in total group revenues to £1.1bn for the four months to 31 December 2019, as a result of a “record Black Friday” and strong customer engagement.
Further redundancies loom at AsosSubscription
Asos is consulting with a further 100 members of staff across its head office over proposed job cuts, as part of its ongoing restructuring, Drapers can reveal.
Asos has ‘more work to do’, admits CEOSubscription
Asos’s CEO Nick Beighton has admitted the etailer has “more work to do” to get the business back on track, after a “painful and disruptive” 2018 led to a plunge in profits.
Significant investment 'disrupts' Asos profits Subscription
Profit before tax at Asos dropped by 68% year on year to £33.1m in the year to 31 August, following “significant” investment in its warehousing and sustainability credentials.
Head office roles under threat at Asos Subscription
Asos is reportedly consulting on around 100 redundancies at its head office in London.
Rise in revenue at Asos Subscription
Asos has reported a 13% increase in revenue to £658.5m in the three months to 28 February, driven by an outperformance in sales in the UK.
Nick Beighton, CEO, AsosSubscription
In April, Nick Beighton said Asos was planning to “step on the gas” across several key areas, including technology and “game-changing” artificial intelligence functions, as well as warehousing and back office systems.
Missguided boss under fire for parliamentary no-show Subscription
Missguided chief executive Nitin Passi has been criticised by environmental audit committee chair Mary Creagh after refusing to attend a hearing on sustainability in the fast fashion industry.
Asos bosses' bonuses cutSubscription
Following failure to hit targets, Asos bosses have had their bonuses cut for the first time in four years.