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Retail Economics: ASOS profits under pressure as stock availability plagues operations

Commenting on ASOS financial update, Richard Lim, CEO, Retail Economics, said: “It's clear that supply chain issues continue to plague the retailer who is putting on a brave face as they continue to battle ongoing challenges to the business. Although

12/04/2022 | Retail News, Retailer News | Read More

ASOS reports muted performance, but has an opportunistic year ahead, says GlobalData

Following today’s release of ASOS’ figures for the four months ending 31 December 2021; Chloe Collins, head of apparel at GlobalData, a leading data and analytics company, offers her view: “Though in line with its expectations, ASOS has reported a

13/01/2022 | Retail News, Retailer News | Read More
XPO Logistics and ASOS expand partnership with new Lichfield fulfilment centre and Barnsley contract renewal

XPO Logistics and ASOS expand partnership with new Lichfield fulfilment centre and Barnsley contract renewal

XPO Logistics, a leading global provider of transport and logistics solutions, today announced it has been awarded the contract to manage a new fulfilment centre in Lichfield Staffordshire for leading online fashion retailer ASOS. The 437,000 square foot distribution centre

16/04/2021 | Retail News, Retailer News | Read More

DPD and ASOS launch initiative to collect pre-loved clothing and deliver it to charities free of charge

The UK's most sustainable delivery company, DPD, and ASOS, one of the world's leading online fashion retailers, today announce a new circular economy initiative that will see DPD collect pre-loved clothing donations from ASOS customers' doorsteps and deliver them to

15/04/2021 | Retail News, Retailer News | Read More

ASOS’ fashion crown remains firmly in place despite further waves of COVID-19, says GlobalData

Following today’s release of ASOS figures for H1 FY2020/21; Chloe Collins, senior retail analyst at GlobalData, a leading data and analytics company, offers her view: “ASOS continues to dominate the young online fashion market, with its lead only strengthened further

08/04/2021 | Retail News, Retailer News | Read More

ASOS can help Arcadia brands regain their fashion authority, says GlobalData

Following reports that ASOS has bought Topshop, Topman, Miss Selfridge and HIIT out of administration for £265m: Chloe Collins, senior apparel analyst at GlobalData, a leading data and analytics company, offers her view on this news; “ASOS is a complementary

01/02/2021 | Retail News, Retailer News | Read More

Strong customer overlap makes ASOS best suitor for young Arcadia brands, says GlobalData

Following reports that ASOS is in talks to buy Topshop, Topman and Miss Selfridge out of administration: Chloe Collins, senior apparel analyst at GlobalData, a leading data and analytics company, offers her view on this news: “ASOS would by far

25/01/2021 | Retail News, Retailer News | Read More

ASOS to invest £90m in a new fulfilment centre in Lichfield, Staffordshire, and employ 2,000 people

ASOS, one of the world’s leading online fashion retailers, today announced that it will invest £90m in a brand-new state-of-the-art fulfilment centre in Lichfield, Staffordshire, with a plan to employ 2,000 people at the site over the next three years.

08/01/2021 | Retail News, Retailer News | Read More

ASOS takes COVID-19 in its stride and emerges a clear winner in 2020, says GlobalData

Following today’s release of ASOS FY figures for 2019/20, Sofie Willmott, lead analyst at GlobalData, a leading data and analytics company, comments: ‘‘ASOS has reaped the rewards of its online pureplay business model and its ability to rapidly evolve to

14/10/2020 | Retail News, Retailer News | Read More

Klarna and ASOS expand UK partnership with new payment method

Online global fashion destination ASOS today announced an extension of its partnership with leading payments provider Klarna. ASOS will be offering customers in the UK the option to pay in 3 monthly instalments, completely interest and fee-free. Adding to the

17/12/2019 | Retail News, Retail Technology, Retailer News | Read More
ASOS hits bump in the road but still far outperforms in the UK, says GlobalData

ASOS hits bump in the road but still far outperforms in the UK, says GlobalData

Following today’s release of ASOS figures for the four months ending 30 June 2019, Sofie Willmott, lead analyst at GlobalData, a leading data and analytics company, comments: ‘‘Online fashion giant ASOS has reduced its FY sales and profit expectations, spooking

18/07/2019 | Retail News, Retailer News | Read More

ASOS set to ban mohair, silk, cashmere and feathers

A new PETA video exposé of the mohair industry in South Africa – the source of over 50% of the world's mohair – has prompted more than 140 top international retailers, including Topshop, H&M, and Marks & Spencer, to ban

20/06/2018 | Retail News, Retailer News | Read More

Brits spending over £2bn on average a year on delivery subscriptions   

British consumers are forking out approximately £2bn every year on delivery subscription services and it shows no signs of slowing as the type of subscriptions on offer continues to grow, alongside their popularity. 

08/05/2018 | Data Time, Loyalty schemes, Research, Retail News | Read More

Retailers must take radical approach to technology, claims new Searchlight Consulting report

Retailers are not using technology as effectively as they could be and in some cases it is actually having a detrimental effect on their business, according to a new report from Searchlight Consulting. The study, entitled ‘Is Technology Clouding Retailers’

03/11/2017 | Data Time, Reports | Read More
ASOS selects On the dot for same day delivery roll-out

ASOS selects On the dot for same day delivery roll-out

Leading online fashion retailer ASOS has partnered with delivery brand, On the dot, to introduce a same day delivery service for London customers, following a successful trial. ASOS Instant will give customers access to super-fast delivery, with orders placed before 10AM

12/10/2017 | Retail News, Retail Technology, Retailer News | Read More
CEOs at Asos, Sainsbury’s, Janus Henderson and Williams F1 take on a student apprentice in Odgers Berndtson’s “CEO for a Day”

CEOs at Asos, Sainsbury’s, Janus Henderson and Williams F1 take on a student apprentice in Odgers Berndtson’s “CEO for a Day”

Odgers Berndtson, a leading global search firm, has unveiled winners of its 2017 UK “CEO for a Day” initiative, pairing 24 undergraduates with the heads of top organisations, including ASOS, J Sainsbury, Williams F1, Janus Henderson, and Weir Group. The

09/10/2017 | Retail News, Retailer News | Read More

Athleisure here to stay as ASOS targets lucrative £2.5bn UK market, says GlobalData

The athleisure trend will reach new heights this year, pushing the UK sports clothing market to £2.5 billion in 2017, up 8% on 2016, according to GlobalData, a recognized leader in providing business information and analytics. The company’s latest report states

15/08/2017 | Data Time, Research | Read More

ASOS partners with Klarna to launch pay after delivery in Nordics

In order to make online payments more flexible for shoppers, ASOS has partnered with one of Europe’s leading payments providers, Klarna, and its pay after delivery technology following a successful partnership in Germany over the past three years. Klarna’s pay after

23/01/2017 | Retail News, Retail Technology, Retailer News | Read More

Asos, Laura Ashley and Debenhams named the UK’s most reputable fashion retailers

SOS, Laura Ashley and Debenhams top the UK RepTrak ranking of high-street fashion companies’ reputations amongst the UK general public, Reputation Institute announced today, based on nearly 5,000 interviews with the UK general public. The reputation ranking The RepTrak system

15/08/2016 | Data Time, Research | Read More

ASOS rolls out performance testing solution with TestPlant and Intechnica

TestPlant, the maker of the eggPlant range of software quality tools, and Intechnica, IT performance experts, has announced that their combined performance testing solution has been recognized for its success by global online fashion retailer, ASOS. The companies have delivered

14/06/2016 | Retail News, Retail Technology, Retailer News | Read More
ASOS selects Oracle Retail to deliver better global planning and trading capabilities

ASOS selects Oracle Retail to deliver better global planning and trading capabilities

Today, Oracle announced that ASOS, a global fashion destination for 20-somethings, will implement Oracle Retail to accelerate the next phase of its global growth. ASOS launched as an online-only retailer in 2000 and quickly became one of the UK’s leading fashion

21/01/2016 | Retail News, Retail Technology, Retailer News | Read More
ASOS launches mobile apps for iPhone, iPad and Android in China

ASOS launches mobile apps for iPhone, iPad and Android in China

In a first for the UK’s largest independent online fashion and beauty retailer, ASOS has launched mobile apps for iPhone, iPad and Android to the Chinese market.

23/11/2015 | Retail News, Retail Technology, Retailer News | Read More
Ross Handling is a perfect fit for Storey Studio and ASOS press launch

Ross Handling is a perfect fit for Storey Studio and ASOS press launch

The fashion world demands the highest standards of quality and design and this extends right down to the smallest details. That’s why London based creative production company, Storey Studio, choose to work with castors, tubing and inserts supplier Ross Handling.

08/06/2015 | Retail News, Retailer News | Read More
Retail Times exclusive: Boxwood Insights puts ASOS operating model under the spotlight

Retail Times exclusive: Boxwood Insights puts ASOS operating model under the spotlight

ASOS is one of the iconoclasts re-defining the retail environment of today. It is a flag bearer for the new retail age. Here, Paul Martin, director at Boxwood Insights, examines the ASOS operating model, part of a series of insights Boxwood

12/12/2014 | Comment, Opinion Time | Read More
Parcel collection and returns firm, Doddle, announces latest shop openings

Parcel collection and returns firm, Doddle, announces latest shop openings

Doddle, the new parcel collection, returning and sending service located in and around train stations across Britain, has announced its latest tranche of shop openings. As part of the company’s ongoing growth plans it will open new stores this week at

31/10/2014 | Retail News, Retailer News | Read More
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