ASOS
This coverage analyses ASOS’s business strategy, market performance, and role within the UK retail industry. Reporting covers financial results, e-commerce initiatives, supply chain developments, marketing campaigns, product launches, and leadership decisions. With a focus on commercial outcomes and operational strategy, it provides valuable insights for retail executives, brand managers, and professionals monitoring online fashion retail and digital transformation.
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Mar- 2023 -24 MarchNews
Asos to expand Face and Body offering by over 200 products
Asos has revealed it is set to expand its Face and Body category offerings as it hailed a surge in demand driven by social media which has seen its sales of cream blushes grow by over 600% in the last six months. It comes after a survey of 2,000 UK…
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23 MarchPeople Moves
Ebay appoints new UK general manager
Ebay has promoted UK chief marketing officer Eve Williams to the role of vice president, general manager of its UK business. Williams replaces Murray Lambell who held the role since 2020 and has now been promoted to global general manager of the home, garden and refurbished categories based at Ebay’s…
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9 MarchPeople Moves
JD Sports appoints Currys chair to board
JD Sports has appointed Ian Dyson as a new non-executive director, with effect from today (9 March 2023). Following his appointment, Dyson will join the group’s audit and risk committee as well as its remuneration committee. Dyson is currently chair of the board at Currys and is said to have…
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Feb- 2023 -16 FebruaryOnline & Digital
Secret Sales welcomes 70% growth in FY22
Secret Sales has welcomed “exceptional growth” in 2022, reporting 70% like-for-like growth that “far exceeds the industry norm”. According to the business, it is set to maintain its momentum with an “unprecedented” 85% growth in 2023, and has already reported 80% like-for-like growth in January sales alone. The non-full price…
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6 FebruaryNews
Mike Ashley eyes two shopping centres in £100m deal
Mike Ashley has lined up a £100m acquisition of two shopping centres, according to The Times. Frasers Group is in advanced talks to buy the Overgate centre in Dundee for £30m, along with The Mall in Luton in a £70m deal. The Overgate centre is currently owned by Legal and…
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3 FebruaryComment
After a tough golden quarter, can Asos reclaim its crown?
The most recent golden quarter came as something of a pleasant surprise to the market. Across the retail sector, companies rejoiced as sales bounced back in the first Christmas period that was not disrupted by virus variants. Of course, the period was not without its tribulations. Businesses were still hit…
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Jan- 2023 -25 JanuaryClothing & Shoes
Arcadia pension deal nears completion
Trustees of the Arcadia Group pension scheme may be close to securing a funding deal backed by one of the UK”s biggest insurers, Aviva, Sky News has reported. A binding deal would guarantee their incomes following the collapse of the group, which owned brands such as Topshop and Dorothy Perkins…
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12 JanuaryOnline & Digital
Asos revenues fail to climb over Christmas period
Asos has failed to capitalise on the festive season as revenues for the four months ended 31 December fell by 3%, reflecting tough trading conditions, delivery disruptions and weak consumer sentiment. According to the online fashion giant, it expects the “volatile” trading of the period to continue through the next…
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Dec- 2022 -22 DecemberHigh Street
ASOS partners with Fashion Minority Report
Asos has announced its partnership with Fashion Minority Report (FMR), a business which aims to help fashion brands create inclusive workplaces and drive diversity across the industry. Through the partnership, Asos is supporting several of FMR’s projects that aim to help “emerging talented individuals from diverse backgrounds unlock their career…
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15 DecemberClothing & Shoes
Asos appoints new non-executive director
Online retailer Asos has announced the appointment of Wei Gao as a non-executive director. Gao was previously COO at Hopin and brings over 16 years of ecommerce and data experience. He held senior roles at Amazon, including roles as vice president for Grocery Tech, Product and Supply Chain, and as…
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