All Asos articles – Page 5
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NewsAsos 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.
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DataFashion Forward: The top 10 retailers set to dominate fashion by 2026
Frasers Group, Next, Marks & Spencer, JD Sports and Primark will be fashion’s big five within three years. Retail Week investigates why
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AnalysisWho’s shopping at Shein and which rivals stand to lose out to its success?
We asked CACI to analyse Shein’s performance to understand who’s shopping there, how often they spend, and how this stacks up against retailers with similar customer profiles like Asos, Boohoo and Very.
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NewsAsos announces partnership with Rokt
Fashion giant Asos has announced its partnership with ecommerce technology company Rokt in a bid to “surprise and delight customers with relevant offers”.
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DataFashion Forward: The top 30 fashion retailers by 2026
Fashion retail has experienced a turbulent time, but retailers investing in elevation, partnerships, acquisitions and focused transformation are set to win. Our Retail Week analysts reveal which retailers will lead the sector in 2026.
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AnalysisFrasers or Nordstrom: who is Asos’ perfect match?
Embattled fashion pureplay Asos has recently been at the centre of takeover talks following reports of a £1bn takeover bid by Turkish fast-fashion retailer Trendyol. Frasers Group also sparked speculation by increasing its stake in the fashion retailer three times in two weeks
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NewsAsos unveils dedicated sample sale website to clear stock
Online fashion giant Asos has unveiled its new dedicated sample sale website in its latest attempt to clear stock.
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NewsAsos names new non-executive to head up sustainability push
Online fashion giant Asos has named Anna Maria Rugarli as its new non-executive director and chair of its ESG Committee.
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NewsFrasers increases stake in Asos for the third time in two weeks
Frasers Group has increased its stake in fashion pureplay Asos for the third time in two weeks, as takeover speculations increase.
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Opinion‘If a buyer wants to pounce on Asos, they might prefer to move sooner rather than later’
Asos was back in fashion with the City today as its shares climbed on the back of a trading update, providing welcome encouragement that chief executive José Antonio Ramos Calamonte’s turnaround efforts are working.
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NewsAsos posts quarterly profit as turnaround strategy pays off
Online fashion giant Asos has hailed a return to profitability in its third quarter as evidence that its recovery plan is delivering.
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NewsFrasers Group ups stake in Asos as takeover speculation swirls
Tycoon Mike Ashley’s Frasers Group has increased its stake in fashion pureplay Asos, which has been at the centre of takeover talk.
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NewsAsos head of commercial change quits amid ongoing turmoil
Asos head of commercial change and operations Anthony Benham has quit after 16 years at the online retailer as turmoil at the business continues.
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AnalysisTrendyol: What we know about the $10bn ecommerce business backed by Alibaba
Turkish fast-fashion brand Trendyol, backed by Chinese giant Alibaba, made headlines this week with news of a £1bn buyout offer for online retailer Asos. At a time when most online players are reporting falling revenues as shoppers return to the high street, Retail Week gets to know more about the new entry into the world of online retail in the UK.
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NewsAsos approached in £1bn takeover
Asos was reportedly approached for a £1bn takeover bid by Turkish fast-fashion retailer Trendyol.
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NewsAsos launches incubator to ‘bridge gap’ for ethnic minority-owned brands
Asos has teamed up with The Fashion Minority Report to launch ScaleUP, a new programme to “help bridge the gap between the fashion industry and ethnic minority-owned brands”.
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NewsAsos refinances and seeks £75m from investors
Asos is looking to raise £75m in cash from shareholders and it has refinanced in an attempt to strengthen its balance sheet.
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DataRanking: Asos leads UK’s top 30 most productive retailers – find out why
Asos, Victorian Plumbing and Zalando are top of the productivity leaderboard, Retail Week’s new report reveals.
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NewsAsos launches first-ever rental collection in partnership with Hirestreet
Pureplay fashion brand Asos has launched its “first-ever rental edit” in partnership with rental marketplace Hirestreet.
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AnalysisHow Asos is trying to arrest slumping sales and return to profitability
Following the report of further losses for Asos, Retail Week explores how the online fashion retailer has delivered on its previously pledged strategic targets to get back to an upward trajectory