All Asos articles – Page 7
-
News
Asos investor acquires major Boohoo stake
A US investment firm has acquired a 10% stake in Boohoo.
-
News
Asos chair Crozier steps down for rival role
Asos chair Adam Crozier has been appointed chair of BT Group and will stand down from his role at the fashion giant later this year.
-
Opinion
‘Climate change will collide with business as usual – retailers need to act now’
The Covid pandemic may finally be starting to cool down, but attention this week has shifted to another crisis that’s threatening to boil over – climate change.
-
Opinion
‘Is Asos an 18% worse business now than it was last week?’
“Is our business 18% worse now than it was last week?” That is the question Asos chiefs were asking themselves following a trading update that sparked a share price rout, wiping out almost a fifth of its value within minutes.
-
News
Asos sales rise despite demand ‘volatility’
Asos has posted an increase in third-quarter sales but cautioned that “volatile demand” and supply chain pressures are likely to persist during the coronavirus crisis.
-
Analysis
Deep dive: Tackling the fulfilment nightmare before Christmas
With online sales expected to remain high this golden quarter and the industry facing operational challenges as the first post-Brexit Christmas, Retail Week explores how retailers can shore up their operations and fulfilment to meet consumer demand ahead of peak.
-
Analysis
Analysis: How Asos and Nordstrom will make Topshop’s American dream a reality
Asos has announced a joint venture with US department store chain Nordstrom, marking its first foray into bricks-and-mortar. Retail Week speaks with boss Nick Beighton about why he thinks Nordstrom is the right partner for its new brands.
-
News
Asos launches joint venture with US giant Nordstrom
Asos has launched a joint venture with American retailer Nordstrom to boost its stable of brands in the US and Canada.
-
Data
Data: The future of Asos and Boohoo
Asos and Boohoo are amongst the largest names in online fashion, and both outperformed competitors to achieve strong growth through an extremely tough period that was initially described as “a real existential crisis for the fashion industry”.
-
News
Retail fortunes flag but online entrepreneurs climb Sunday Times Rich List
Traditional retailers’ fortune have had a bruising year but a number of online retail entrepreneurs have climbed or entered The Sunday Times Rich List for the first time.
-
Data
Data: Asos vs Boohoo – the battle of the fashion etail giants
Asos and Boohoo – two fast fashion etail giants who have stormed through the pandemic, picking up struggling competitors as they go. But, in five years’ time, who will be the bigger powerhouse?
-
News
Asos eyes Cult Beauty and Feelunique as takeover targets
Asos is considering possible takeovers of online beauty platforms Cult Beauty and Feelunique, it is understood.
-
Analysis
Generation M: Catering to the young fashion-conscious Muslim consumer
The modest fashion market is growing but mainstream retailers are yet to really take note. Retail Week explores how to cater to the Muslim consumer without being tokenistic
-
Retail Navigator Analysis
Asos (Overview)
Founded in 2000, Asos is a global fast-fashion destination for 20-somethings with a wide variety of content and localised experiences. While it remains one of the world’s best-known pureplays it has arguably lost its way of late amid fierce competition.
-
Retail Navigator Analysis
Asos (SWOT)
Asos became firmly established as a global online fashion retailer within a relatively short timescale, with sales nudging £4bn in FY2022. However, fast forward a year and the retailer reported a double-digit decline in sales and widening losses. Although trading has been challenging recently, its efforts to shift back to “fashion” and focus on its strengths could help Asos return to the robust growth of its past.
-
Retail Navigator Analysis
Asos (Financials)
In a “very challenging environment”, Asos’ performance continued to come under pressure, with operating losses widening to £248.5m for the year to 3 September 2023 (FY2023) against a loss of £9.8m the previous year when it had swung into the red.
-
Analysis
Deep dive: Understanding your new target shoppers – their favourite stores revealed
Where and how will the post-pandemic consumer want to shop? Retail Week unpacks the data.
-
Analysis
Analysis: Who is set to win retail’s latest price war?
Retailers ranging from Asda and Sainsbury’s to John Lewis and Asos have all cut back prices this year in a bid to lure cash-conscious shoppers. Which retailers will fare well and which will flounder in retail’s new price war?
-
Analysis
C-suite shake-up: Retail’s new executive roles, from diversity to subscriptions
The retail industry is changing, and so too should the retail boardroom – Retail Week explores the new roles seated around the table
-
News
Asos to raise £500m to bolster expansion war chest
Asos has launched a bid to raise £500m to spearhead its global expansion drive.