Asos

Shein revives interest in acquiring Topshop

Shein is reportedly amongst a “number” of retailers still interested in acquiring the Topshop brand from Asos. According to The…

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Asos losses widen to £120m in H1 as sales fall 18%

Asos has seen its losses deepen to £120m in the first half of the year, a 32.6% increase compared to…

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Asos relaunches influencer programme

Asos has relaunched its Asos Insider influencer programme after the initiative was previously wound down in 2020 due to the…

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Asos appoints new executive VP of digital product 

Asos has appointed Anthony Ben Sadoun as the new executive vice president of digital product. According to Drapers, he will…

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Asos to mothball Lichfield warehouse amid falling profits

Asos is planning to mothball its second UK fulfilment centre in Lichfield next year, as part of efforts to cut…

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Asos posts £296.7m loss before tax in FY23

Asos has announced a statutory loss-before-tax of £296.7m for the year ended 3 September 2023 down from a loss before…

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Today’s news in brief-25/10/23

Asos has pushed back the release of its FY23 results to 1 November 2023, citing the need for its auditor,…

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Asos delays FY23 full-year results

Asos has announced that it is due to delay the publishing of its FY23 results by one week to 1…

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Frasers ups Asos stake to 19.3%

Mike Ashley’s Frasers Group has announced that it has once again upped its stake in Asos to 19.3%, up from…

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Asos returns to profitability despite revenue drop

Online retailer Asos has announced that it has returned to profitability after its EBIT rose more than £20m year on…

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