Tag : Asos
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.
The high street's hot-ticket denim heroesSubscription
Leading buyers and designers reveal their top-performing denim styles from the season so far and give their thoughts on what is coming for spring 20.
‘Desperate’ retailers discount autumn stockSubscription
High street and online retailers across the UK have launched discounts on new-season products, as warm temperatures dampen demand for autumn stock.
Suppliers' shock at Asos discount demandsSubscription
Suppliers have slammed Asos asking for a 3% discount on all orders for stock received after 1 September, branding it “unbelievable”.
Asos asks suppliers for discountSubscription
Asos is asking suppliers for a 3% discount on all invoices for stock received from 1 September onwards, to continue to “fuel joint growth” at the business.
In the wake of Asos’s second profit warning in seven months, Stephen Springham, head of retail research at property consultancy Knight Frank argues that ecommerce is not a golden ticket to success.
Asos profit drop blamed on warehouse troublesSubscription
Online giant Asos has warned full-year profit before tax will be lower than expected after sales in Europe and the US were hit by teething troubles as the retailer overhauled its warehouses.
Public Desire hires ex-Asos senior buyerSubscription
Public Desire has appointed former senior buyer at Asos, Fiona Brown, as head of buying for apparel and footwear.
Head office roles under threat at Asos Subscription
Asos is reportedly consulting on around 100 redundancies at its head office in London.