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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Aug- 2022 -23 AugustPeople Moves
M&S strengthens womenswear team with two appointments
Marks and Spencer has welcomed Emma Fox as its new head of buying for womenswear and will join in October later this year. Fox will report to Maddy Evans who was promoted to director of womenswear earlier this year. She joins from The White Company where she was head of…
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17 AugustNews
Asos COO and CFO Mat Dunn to step down
Asos has revealed that its chief operating officer (COO) and chief financial officer (CFO), Mat Dunn, will step down from his roles as the company restructures its executive team. Having agreed a phased plan, Dunn will continue in his role and as a member of the board until at least…
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9 AugustClothing & Shoes
Arcadia trustees near closing £1bn pensions deal
Arcadia’s pension trustees are reportedly close to securing a £1bn deal that will see them receive the retirement schemes promised by the group prior to its collapse, Sky News has reported. The trustees were said to be in “detailed” talks with Pension Insurance Corporation (PIC) about a deal to insure…
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Jul- 2022 -29 JulyClothing & Shoes
Asos, Boohoo and Asda investigated over sustainability claims
The Competition and Markets Authority (CMA) is launching investigations into Asos, Boohoo and George at Asda to scrutinise eco-friendly and sustainability claims made by the fashion brands about their products, including clothing, footwear, and accessories. The move forms part of the CMA’s ongoing investigation into potential greenwashing, and reportedly follows…
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25 JulyClothing & Shoes
Asos delays autumn orders amid fears shoppers may cut back
Asos has delayed some autumn orders due to concerns that customers will cut back on buying new clothes in the cost of living crisis, according to The Mail on Sunday. Asos suppliers reportedly told the outlet that some stock had to be cancelled at short notice. However, it added that…
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20 JulyPeople Moves
Matchesfashion appoints chief operating officer
Online luxury retailer, Matchesfashion, has announced the appointment of Stuart Hill as the group’s new chief operating officer. Hill joins the brand from Farfetch, another online luxury retailer, where he served as senior vice president of logistics for four years. Hill is expected to start his new role in September…
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13 JulyEntertainment
Lego ‘indefinitely’ halts operations in Russia
Lego will cease its commercial operations in Russia after previously pausing shipments to the country back in March. In a statement to Retail Sector, a spokesperson said: “The LEGO Group paused shipments to Russia in March. Given the continued extensive disruption in the operating environment, we have decided to indefinitely…
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12 JulyClothing & Shoes
Matchesfashion appoints new CEO
Online luxury retailer, Matchesfashion, has announced the appointment of Nick Beighton as the company’s new chief executive officer. Beighton will take over from Paolo De Cesare who will hand over responsibilities this month, with Beighton taking his role at the start of August. Beighton joined Asos Plc in 2009 acting…
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4 JulyOnline & Digital
World’s first community-owned e-commerce platform launches
WeShop, a new service that claims to be the world’s first community-owned e-commerce platform, has launched as the “first shoppable social network” that allows customers to purchase everyday items whilst owning a stake in the platform. The UK tech firm has pledged to give away shares in the company every…
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Jun- 2022 -27 JuneGovernment
Asda joins retailers in rejecting online sales tax
Asda has reportedly told the government that introducing an online sales tax (OST) will harm retailers and shoppers that are already affected with rising inflation, according to The Daily Express. The supermarket chain was one of a number of retail groups to meet with Lucy Frazer, the financial secretary to…
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