All Asos articles

  • footwear generic
    Article

    Stocks of footwear companies fell by 16.3% in 2020

    2021-01-18T09:27:00Z

    Well functioning financial markets are providers of information and signals. We are analyzing last year’s performance of footwear companies, but also of luxury goods and e-commerce companies with a strong footwear component, to see how markets perceived some of the key players of our industry.

  • asos
    News briefs

    Asos upbeat about profits but warns about Brexit costs

    2021-01-14T12:13:00Z

    The fashion online retailer Asos indicated that its full-year profit will be at the top end of market expectations but warned that it faces £15 million (€16.8m-$20.5m) in Brexit tariff costs. Sales jumped by 23 percent to £1.36 billion (€1.53bn-$1.86bn) in the four months to Dec. 31, with ...

  • asos
    News briefs

    Asos to create 2,000 jobs for new £90m U.K. fulfilment center

    2021-01-10T09:01:00Z

    The fashion online retailer Asos has unveiled plans to invest £90 million (€99.7m - $122.4m) in a new U.K. fulfilment center where it hopes to employ 2,000 people over the next three years. Asos said the 437,000 square foot warehouse in Staffordshire, West Midlands, which is being developed ...

  • News briefs

    Asos axes commissions to help sellers through new Covid lockdown

    2020-11-16T16:26:00Z

    British fashion e-tailer Asos is stopping commissions on its marketplace platform to help businesses during the second wave of the Covid-19 pandemic and related lockdown as they face the busy Christmas period. New and existing sellers will pay no commission until the end of the year, Asos said. ...

  • asos
    Article

    Asos to focus more on activewear

    2020-10-14T16:16:00Z

    Fashion e-tailer Asos will expand its activewear offering as locked-down clients spurned party outfits in favor of sportswear and exercise gear during the Covid-19 pandemic, helping the company to almost quadruple full-year profits. The company said grabbing a greater share of the “huge” sportswear market along with beauty ...

  • gay_pride_flag
    Article

    LGBTQ collections become mainstream for the fashion, sportswear industry

    2020-09-10T06:39:00Z

    The LGBTQ (lesbian, gay, bisexual, transexual and queer) fashion market has been growing over the last decade. In recent years, an unprecedented number of mainstream brands have begun to release LGBTQ collections.

  • News briefs

    Asos to post higher-than-expected FY results thanks to demand, lower returns

    2020-08-12T08:22:00Z

    The British online fashion retailer Asos said that its sales and profits for the full year ending in August are expected to be significantly ahead of market expectations, thanks to stronger-than-anticipated underlying demand and lower-than-forecast returns. Revenue growth is expected to reach 17-19 percent, with pretax profit in ...

  • Article

    Asos sees FY profits at top end of expectations after lockdown sales surge

    2020-07-15T17:47:00Z

    Online fashion retailer Asos expects annual pre-tax profit to be at the top end of expectations after a sales surge driven by purchases of casual and active wear during the coronavirus lockdown. Group sales in the four months to June 30 rose to £1.01 billion (€1.1bn-$1.3bn) from £919.8 ...

  • News briefs

    Boohoo to review UK supply chain as retailers drop brand over pay, conditions scandal

    2020-07-08T20:15:00Z

    Boohoo , the UK e-tailer and fast fashion brand, has commissioned an independent review of its domestic supply chain and promised to spend £10 million dealing with malpractice after major retailers, including Amazon , Next and Asos stopped stocking its clothes. The review comes as Boohoo ...

  • News briefs

    Asos adds 80 independent boutiques to its Marketplace

    2020-06-03T16:44:00Z

    British online fashion retailer Asos said its Asos Marketplace featuring independent and vintage brands saw the addition of 80 new boutiques in April and strong sales and traffic growth in April and May as UK customers turned to online retailing after lockdown measures were introduced in the country on ...