All Asos articles – Page 7
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AnalysisAnalysis: 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.
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NewsAsos 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.
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DataData: 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”.
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NewsRetail 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.
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DataData: 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?
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NewsAsos eyes Cult Beauty and Feelunique as takeover targets
Asos is considering possible takeovers of online beauty platforms Cult Beauty and Feelunique, it is understood.
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AnalysisGeneration 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
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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.
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Retail Navigator AnalysisAsos (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.
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Retail Navigator AnalysisAsos (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.
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Retail Navigator AnalysisAsos (Strategy)
Targeting young consumers, fast fashion online retailer Asos’ initial impressive success and years of double-digit growth came at a time when it led the way for online fashion retailers – a standalone business without the stiff competition it now faces. CEO José Antonio Ramos Calamonte, who stepped into the role in mid-2022 after Nick Beighton stepped down in early 2021, has laid out plans to revitalise the business by sharpening its operating model to ensure tighter stock management and faster speed to market, as well as reviewing its international operations.
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AnalysisDeep 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.
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AnalysisAnalysis: 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?
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AnalysisC-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
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NewsAsos to raise £500m to bolster expansion war chest
Asos has launched a bid to raise £500m to spearhead its global expansion drive.
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NewsAsos targets Black Friday Topshop splash after ‘great early momentum’
Asos aims to wow customers by unveiling its first in-house-designed Topshop lines for this year’s Black Friday extravaganza.
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NewsAsos lifts earnings forecast after stellar first half
Fashion etailer Asos has upped profit expectations after a strong first half powered by “exceptional execution” as the pandemic continued.
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OpinionFran Minogue: ‘2020 could be seen as the lost year – but look what we found’
A year ago almost to the day, I wrote an article exploring how retail chief executives were grappling with the challenges of Covid-19 and starting to plan for a post-pandemic world.
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OpinionThe Keynote: Let’s stop bashing UK retail’s online stars
The Keynote: Let’s stop bashing UK retail’s online stars
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Opinion
‘New partnerships such as Next and Reiss are shaping retail’s future’
Agility and partnerships go hand in hand with brand relevance and evolution. So do innovation and investment.
