All Asos articles – Page 5
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News
Asos names new chief executive and chair as it warns on profits
Asos has appointed José Antonio Ramos Calamonte as its new chief executive and Jørgen Lindemann as incoming chair.
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Gallery
Store gallery: Asos makes physical retail debut across Nordstrom stores
Asos has unveiled its first in-store collection in partnership with Nordstrom in the US.
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News
Asos makes moves to ‘be more circular’ with Thrift+ partnership
Asos has taken steps towards one of its key sustainability pillars – “be more circular”.
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Analysis
The state of fashion: Where do rising costs and returns leave the sector?
Fashion retailers might have been benefiting from the return to the office – and the revival of events such as festivals and weddings – but many businesses have flagged ongoing headwinds that are likely to dampen progress.
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Opinion
‘Asos’ chair has taken on a second retail giant, but when will it find its new CEO?’
Asos and Asda’s difficulties in finding new chief executives reflect a bigger problem in retail’s battle to secure top talent, writes Rosie Shepard
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News
JD Sports, Frasers, Asos and Shein mull Missguided bids
Several retailers are considering takeover bids for Missguided after the etailer admitted it was exploring “strategic options” for its future.
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News
Asos looks forward to ‘summer of fun’ despite consumer gloom
Asos chief operating officer and chief financial officer Mat Dunn was optimistic about prospects, despite the challenges facing the business and consumers such as inflation and ongoing supply chain disruption.
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News
Asos profits plunge following period of ‘significant volatility and disruption’
Asos has reported a drop in pre-tax profits in its interim results as it continues to grapple with supply chain challenges.
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Opinion
‘A website is not enough for bricks-and-mortar retailers to call themselves multichannel’
A digital-first mindset is not simply about accelerating the growth of online, argues AlixPartners’ Brian Kalms
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News
M&S and Asos back employment pledge for Ukrainian refugees
A consortium of British businesses is in talks with the government to offer employment and accommodation to refugees fleeing Ukraine.
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Analysis
Tracker: Retail reacts to Russia’s invasion of Ukraine
Retail Week rounds up the actions being taken by retailers in response to Russia’s invasion of Ukraine. Last updated March 29, 2022.
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News
Asos suspends business with Russia following Ukraine invasion
Online fashion giant Asos has suspended sales to Russia in the wake of outrage over the invasion of Ukraine.
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News
Asos asks suppliers to share inflation burden
Asos has written to suppliers to request a 2% discount on ordered goods, Retail Week understands.
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Analysis
Analysis: How can fashion retailers soothe their rising returns headache?
The returns headache for fashion was exacerbated over the Christmas period and is rising in line with online growth. How can retail tackle the issue head-on?
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News
NRF 2022: Nordstrom exec pledges to make Asos a 'big deal' for the US consumer
Nordstrom president and chief brand officer Peter Nordstrom said that Asos’ concession in the famous American chain could be the silver bullet it needs to be front of mind for US shoppers.
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Analysis
Super Thursday delivers a Christmas cracker – but is the retail party over?
Despite surging numbers of Covid-19 cases and a perfect storm of external pressures threatening to derail the golden quarter, retail has delivered a merry Christmas. What did Super Thursday’s trading updates tell us about the sector’s seasonal performance – and the year ahead?
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News
Asos festive sales increase despite ‘challenging’ market conditions
Asos has posted an uplift in Christmas sales across the UK and US, but interim boss Mat Dunn flagged that supply chain issues drove “heightened clearance activity” over the festive period.
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News
Shoppers seek bargains as Asos anticipates high Boxing Day demand
Sixteen million shoppers across the UK are expected to hit the Boxing Day sales this year, with consumers predicted to spend an average of £136 per person on the day.
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Analysis
Who will be the retail winners and losers of 2022?
Which retailers will fly and flop in the year to come? We asked retail experts to share their tips for 2022.
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Analysis
The 12 stories that rocked retail in 2021
2021 was a huge year for retail news. From surprise acquisitions and shock departures to new arrivals and supply chain woes, here are the stories that shook the industry