Asos set to close outlet department
Fashion giant Asos is set to close the outlet department of its business, which is home to non-strategic third-party brands, in a bid to continue its focus on improving profitability.
Asos first launched its outlet in 2008 and it has since offered shoppers a dedicated space to shop end-of-season products from third-party brands at up to 70% off.
Brands currently stocked at the online outlet include Abercrombie & Fitch, Bershka, Daisy Street, French Connection and Nobody’s Child, among others.
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