10

May

ASOS reports first-half loss as shoppers cut back

First-half loss of 87.4 mln stg Confident of return to profit in second half LONDON, May 10 (Reuters) - ASOS, Britain's one-time poster child for the shift to online fashion…

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12

Jan

ASOS identifies cost savings after Christmas sales slide

Revenues down 3% in four months to end of Dec. UK sales down 8% Sees 300 mln stg in cost saving measures Shares rise 14% By Sarah Young LONDON, Jan…

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20

Oct

Britain’s ASOS to overhaul business model after profit slump

LONDON (Reuters) - ASOS, the one-time British poster child for the shift to online fashion retailing, will overhaul its business model after the economic crunch and a string of operational…

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02

Mar

Fashion retailer ASOS continues to drive forward future growth with the Microsoft Cloud

Global fashion destination ASOS has signed a new cloud agreement with Microsoft that will see the business continue to use the Microsoft Cloud as its preferred cloud platform for the…

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13

Jan

ASOS hit by supply chain disruption, volatile Christmas demand

LONDON, Jan 13 (Reuters) - British online fashion retailer ASOS reiterated its already downgraded outlook on Thursday after supply chain constraints and volatile demand limited sales growth in its four…

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10

Nov

ASOS details growth plans after last month’s shock CEO departure

LONDON, Nov 10 (Reuters) - British online fashion retailer ASOS laid out how it planned to meet its medium and long term profitability goals, seeking to restore investor confidence after…

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16

Sep

UK fashion retailer ASOS targets lower carbon footprint with new goals

Sept 16 (Reuters) - Britain's ASOS aims to cut its environmental impact, use more sustainable materials and appoint more diverse corporate leaders, it said on Thursday, joining a growing list…

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15

Jul

ASOS sales up 21% on pandemic demand

British online fashion retailer ASOS reported a 21% rise in sales in the four months to June 30 but said trading in the latter three weeks was more muted as…

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12

Jul

Britain’s ASOS to sell Topshop apparel at Nordstrom stores in U.S. push

British online fashion retailer ASOS will sell Topshop apparel at Nordstrom stores in a joint venture with the department store chain, it said on Monday, in an effort to reach…

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08

Jan

ASOS to invest 90 mln stg in new distribution centre, to create 2,000 jobs

British online fashion retailer ASOS said on Friday it would invest 90 million pounds ($122 million) in a new fulfilment centre in Staffordshire, central England. It said the new centre…

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14

Oct

Profit at Britain’s ASOS quadruples on strong demand during pandemic

British online fashion retailer ASOS on Wednesday reported a quadrupling in full-year profit, benefiting from strong demand during the COVID-19 pandemic and forecast more improvement in the 2020-21 year. ASOS,…

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26

Jul

Online fashion company ASOS planning to axe 500 staff

Online fashion giant Asos is planning to axe 500 staff, adding to the grim toll of job losses across the retail industry. Most of the jobs will go at Asos’s…

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04

May

Funeral service for the three children of Asos owner, who were killed in Sri Lanka terror attack held

The billionaire behind online clothing retailer Asos and one of the UK’s largest private landowners bid farewell to three of his children at their funeral today. Anders Holch Povlsen, 46,…

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23

Apr

Isis claim responsibility for Easter Sunday attacks… Footage emerges of one of the Sri Lankan terrorist entering a church

Isis have just claimed Sunday’s suicide attacks in Sri Lanka, claiming they were the work of “fighters of the Islamic State” via their Amaq news agency. The group did not…

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22

Apr

UPDATED: The Sri Lanka Bombings: Children of Asos owner among the foreign victims

Anders Holch Povlsen, Denmark’s richest man and Asos owner, has said three of his children were killed in the Easter Sunday terror attacks in Sir Lanka. Anders Holch Povlsen's four…

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