Tag : Asos
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.
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.
Cash in on the vogue for vintageSubscription
Drapers explores how sustainability is breathing new life into the fast-growing vintage clothing market.
Asos launches virtual catwalk Subscription
Asos has launched an augmented reality feature on its app, called Virtual Catwalk.
Comment: Strategy refresh is just what Asos needs Subscription
Asos is one of many retailers that admits it has tightened its returns policy, as figures reveal that 26% of brands have recorded an increase in returns over the last two years.
Find out what’s been happening on fashion’s social scene this week.
Group revenues at Asos were up 14% to £1.3bn for the six months 28 February, but its pre-tax profit fell 29.9% to £4m following heavy investment in technology platforms and logistics.
Festival brand Elsie & Fred forecasts £1m turnover Subscription
Festival fashion brand Elsie & Fred has predicted its turnover will grow to £1m in 2019.
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.