Tag : Asos
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.
The number of UK online retailers in financial distress has risen by 65% over the past three years to 9,024, insolvency firm Begbies Traynor has found.
Fashion retail’s redundancy crisis at ChristmasSubscription
The festive season looks bleak for thousands of retail workers facing redundancy, many of whom are turning to charity for help.
Asos appoints chief growth officer Subscription
Asos has announced the appointment of Robert Birge as its first chief growth officer.
The industry is calling for government support as scores of retailers across the UK cut head office roles in a bid to reduce costs and combat tough trading conditions.
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.
Getting Asos back on trackSubscription
Profits have fallen at Asos. How can the etailer overcome its challenges to ensure sustainable growth?
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.
Asos reveals new board members Subscription
Asos has appointed four new non-executive directors, including Luke Jensen, CEO of Ocado Solutions.