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Asos

Asos Archives

Asos to overhaul business model after profit slump

Shares in Asos were up 8.8 per cent at 1138 GMT, as investors welcomed the shift and a new deal with lenders, paring 202...

How Asos is helping to stamp out modern slavery in Mauritius

There are an estimated 50,000 skilled migrant workers in Mauritius, employed mainly in the garment and textile industry....

Asos hit by supply chain disruption, volatile Christmas demand

It posted total sales growth of 5 per cent, following a 22-per-cent rise in the year to end August.

Retail appointments of the week

Alibaba founder Jack Ma reappears; Asos CEO, chairman step down; Lovisa CEO exits business after 12 years at the helm; W...

Not so fast! Supply bottlenecks strain fashion chains

Shares in Asos fell 16 per cent on Monday after it warned annual profit could fall by more than 40 per cent this year.

Asos CEO, chairman step down

A search is now underway to find a replacement chief executive, though current CFO Mat Dunn will temporarily take the re...

Asos ties exec pay to new environmental goals

Joining a growing list of fast-fashion companies to open up its supply chain for external scrutiny, Asos set out targets...
Image of coffee cup

Retail news around the globe

Starbucks supports Covid-19 vaccine delivery; H&M opens Arket store in China; Shiseido to offload consumer business; and...

Topshop, Topman join Asos’ stable of brands

The £265m deal sees the business pick up the four brands which it sees as complementary to its own brand portfolio.