All Asos articles – Page 3
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News
Exclusive: Asos and Boohoo turn to nearshoring as Red Sea crisis intensifies
Asos and Boohoo are relying on nearshoring their supply chains to navigate the ongoing challenges of attacks on container ships in the Red Sea.
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Opinion
Predictions: who will be retail’s winners and losers in 2024?
Who will fly and who will flop in 2024? Retail experts give their tips for the year ahead
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News
Asos ditches bonus scheme diversity targets
Fashion retailer Asos has abandoned diversity targets in its annual executive bonus scheme as it prioritises profitability.
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Gallery
Store gallery: Asos’ first ‘In Real Life’ physical store
Pureplay fashion giant Asos is due to make its first-ever foray into physical retail, opening its four-storey, central London pop-up to coincide with Black Friday weekend.
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News
Asos interim chief people officer steps down
Asos interim chief people officer Caroline Ross has stepped down after one year at the business.
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Analysis
Golden quarter: How retailers are preparing for another cash-strapped Christmas
With the macroeconomic environment looking gloomier than ever, we spoke to some of the UK’s biggest retailers to get their take on whether this year’s festive season will be feast or famine.
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News
Shein weighs up Topshop bid
Fast-fashion giant Shein has formally registered its interest in bidding for the Topshop brand.
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Analysis
Can Asos boss really put the retailer back in fashion?
As Asos reported yet another trading period of deepening losses and declining revenue, Retail Week explores if boss José Antonio Ramos Calamonte can put the brand back in fashion
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News
Asos losses deepen as it prioritises shift ‘back to fashion’
Embattled fashion retailer Asos has reported deepening losses and falling revenue, and unveiled plans for a strategic switch “back to fashion” in 2024.
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Data
Ranking: The 30 fastest-growing fashion retailers revealed
It has been a tough few years for fashion, and retailers have been battling to lead on style, value and quality despite skyrocketing return rates, competition for customer loyalty and bold sustainability targets.
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News
Embattled Asos considers sale of Topshop
Online fashion specialist Asos is examining the possible sale of the Topshop brand, which it bought three years ago, as boss José Antonio Ramos Calamonte seeks to turn around the core business.
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News
Asos delays results and confirms full-year loss
Online fashion specialist Asos has delayed its full-year results for a week.
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Opinion
‘Asos hasn’t captured the hearts and wallets of Gen Z and Gen Alpha’
The news this week of more upheaval at Asos, with senior leadership departures following a 12-month revenue decline, is a stark reminder of how challenging it is to remain relevant in today’s ever-changing retail world.
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News
Exclusive: Asos shuffles top team as senior directors step down
Asos brands director James Barron and menswear product director Stefan Pesticcio are stepping down from the fashion retailer as it shuffles its top team, Retail Week can reveal.
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News
Asos restricts buy now, pay later services in latest profit push
Fashion giant Asos has introduced restrictions on its buy now, pay later services for shoppers as part of its latest bid to improve profitability, Retail Week has learned.
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News
Asos posts profits as turnaround strategy pays off
The online fashion giant posted profits despite sales declining in the fourth quarter of the year as its turnaround strategy paid off.
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News
Asos set to close outlet department
Fashion giant Asos is set to close the outlet department of its business, which is home to non-strategic third-party brands, in a bid to continue its focus on improving profitability.
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Data
Fashion Forward: The top 10 retailers set to dominate fashion by 2026
Frasers Group, Next, Marks & Spencer, JD Sports and Primark will be fashion’s big five within three years. Retail Week investigates why
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Analysis
Who’s shopping at Shein and which rivals stand to lose out to its success?
We asked CACI to analyse Shein’s performance to understand who’s shopping there, how often they spend, and how this stacks up against retailers with similar customer profiles like Asos, Boohoo and Very.
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News
Asos announces partnership with Rokt
Fashion giant Asos has announced its partnership with ecommerce technology company Rokt in a bid to “surprise and delight customers with relevant offers”.