All Asos articles – Page 3
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NewsShein takes the lead in the global apparel market for another year, says GlobalData
New analysis from GlobalData revealed that Shein has increased its market share forecast once again, as shoppers look for value amid challenging economic conditions.
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DataTopshop left a hole in the high street – but can it be the one to fill it?
Rumour has it Topshop is making a return to the high street. And no, this isn’t mere speculation — it’s a rumour being driven by the brand itself
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NewsAsos names new UK managing director in top team shake-up
Fashion giant Asos has made several changes to its senior team to “further align its structure with its strategy” as it continues to drive growth.
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NewsThe Edit LDN founder has joined Topshop as new global marketing director
The founder of The Edit LDN has joined Topshop and Topman in a new senior marketing role.
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NewsAsos’ former credit insurers reinstate cover as it works on turnaround plan
Asos has seen two previous credit insurers reinstate their cover for Asos clothing suppliers as the fashion retailer continues its turnaround plan.
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AnalysisDigital marketing’s new rules: Inside Asos, New Look and Urban Decay’s social strategies
This deep dive is the sixth in our ‘Consumer 2025 – from acquisition to advocacy’ series.
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NewsAsos to ‘mothball’ US distribution centre to increase profitability
Asos has announced plans to close its main US distribution centre in the second half of the year and fulfil orders from the UK, which it says will increase profitability and improve speed to market for its products.
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Opinion‘A Christmas profit warning is inauspicious, but retail has reasons to be cheerful about 2025’
Despite a hefty profit warning from Shoe Zone, as long as retailers overall meet muted Christmas expectations then City appetite for their shares could pick up in the new year, writes George MacDonald
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NewsGymshark chief financial officer has stepped down after two years in the role
Gymshark’s chief financial officer Mat Dunn has departed the business after two years in the role.
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NewsAsos boss Ramos Calamonte receives bumper pay rise despite deepening losses
The boss of fashion giant Asos has received an almost 44% pay rise amid a turnaround at the retailer following mounting full year losses.
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InterviewQ&A: Pinterest UK MD on changing the conversation around social ecommerce
Retail Week spoke to Pinterest UK’s managing director, Beth Horn on the future of social ecommerce, building a Gen Z user base, and challenging the duopoly of Google and Meta.
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Retail Navigator AnalysisAsos (Financials)
Asos statutory group revenues fell 18.1% year on year to £2,905.8m in the year to 1 September 2024, as it continues the “optimisation of profit contribution over revenue”. Reported pre-tax losses widened to £379.3m in FY2024, from a loss of £296.7m the year before. Asos said it has achieved its strategic targets and has the foundations in place for a “more agile and profitable business”.
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InterviewQ&A: Chelsea Peers founder on continuing to capitalise on the loungewear boom
Retail Week sat down with premium pyjama and loungewear brand Chelsea Peers founder Tom Pyne, to discuss the ongoing boom of loungewear, the importance of a broad customer base, and how third-party partners have been the key to success.
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News‘Disappointing’ Budget will cost Primark ‘tens of millions’, says ABF boss
The “disappointing” Budget for UK high streets will cost fashion giant Primark “tens of millions” of pounds, according to Associated British Food’s (ABF) chief executive George Weston.
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NewsAsos to shift focus after laying foundations for profitable growth
Online fashion specialist Asos has reported that it has met strategic turnaround targets and can now ‘focus on taking actions to delight customers’.
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DataRanking: The top 25 fastest-growing retailers show how we shop the ‘new normal’
Thanks to the Interpath Retail Index 2024, Retail Week can reveal the top 25 fastest-growing retailers and what they tell us about how shoppers behave in the ‘new normal’. To read the full report and see the full list of fastest-growing retailers which goes up to 100, click here.
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Retail Navigator AnalysisAsos (Strategy)
Asos and Hirestreet’s rental subscription service gives subscribers access to more than 20,000 items across more than 50 brands. Consumers are able to mix and match from a much larger pool of brands than other similar retailer tie-ups offer.
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NewsAsos and Hirestreet have teamed up to launch a subscription rental service in UK first
Exclusive: Rental marketplace Hirestreet has joined forces with fashion giant Asos to launch the largest retailer-rental subscription service in the UK.
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DataRanking: The UK’s biggest fashion retailers and where they’ll be in three years
Thanks to exclusive data from Retail Week’s sister brand Retail Navigator by Lumina Intelligence, we can reveal how the landscape for fashion retail is going to change over the next few years – and which brands are set to dominate our high streets and wardrobes.
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NewsAsos has put more than 100 jobs at risk amid bid to return to profitability
Asos is set to axe more than 100 jobs amid mounting losses at the online fashion giant as it attempts to return to profitability, according to reports.