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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Jan- 2022 -24 JanuaryPeople Moves
Wickes appoints chief financial officer
The Wickes Group has announced the appointment of Mark George as chief financial officer (CFO), effective no later than 20 July 2022. In his new role, George will replace Julie Wirth who has announced her intention to retire froma full-time executive role following her “significant contribution” to the transition of…
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18 JanuaryClothing & Shoes
ASOS set to boost UK economy by £3.8bn
Asos’ UK GDP contribution will increase by £2bn to £3.8bn in the next three to four years, with plans to reach £7bn turnover which will reportedly “further boost” the company’s impact in the UK, according to its first Economic Impact report. According to the research, conducted by Oxford Economics, Asos’…
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17 JanuaryNews
Asos eyes former Farfetch exec as new CEO
Asos is reportedly considering Andrew Robb, who left New York-listed Farfetch in 2020, among the candidates being considered by Asos as Nick Beighton’s successor, according to Sky News. Robb worked with Farfetch until 2020 in the position of chief operating officer. Prior to that, he worked with Bauer Media where…
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13 JanuaryClothing & Shoes
Asos to move to main stock market amid sales boost
Asos has announced its intention to move to London Stock Exchange’s Main Market at the end of February 2022 after recording “robust” sales for the four months ended 31 December 2021. During the period, revenue grew 5% to £1.4bn, up from £1.36bn the previous year. As a result, the retailer…
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Nov- 2021 -10 NovemberClothing & Shoes
Asos to detail growth plans following Beighton departure
Asos is set to detail plans on how it will deliver on its recently announced medium-term targets to analysts and investors at its Capital Markets Day later today (10 November). Asos said it will reveal how it aims to build on its performance over the longer-term, and “provide greater detail…
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8 NovemberClothing & Shoes
Asos opens new £90m warehouse, creating 2,000 new jobs
Online fashion retailer, Asos, has announced the opening of its new £90m fulfilment centre in Lichfield, Staffordshire which will serve customers in the UK and in over 150 countries around the world. The facility at Fradley Park will employ 2,000 people over the next three years. It is being managed…
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Oct- 2021 -11 OctoberClothing & Shoes
Asos CEO steps down amid profit warning
Asos has announced that Nick Beighton will step down as CEO of the business after 12 years, as the group warned that ongoing supply chain issues may hit its profit in FY22. In a series of changes to the board, Mat Dunn, currently CFO, will take on the additional role…
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8 OctoberNews
Asos launches new policies to provide support for employees
Asos have announced the launch of a new package of policies, set to provide support to its colleagues for health-related life events. Some of the policies include: ten days paid leave for employees who have suffered a pregnancy loss; 5 days per cycle for colleagues and partners undergoing fertility treatment;…
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6 OctoberClothing & Shoes
Asos unveils new global ad campaign
Asos has unveiled a new “broad reach”, multi-territory advertising campaign that is set to target its core twenty-something female customers. The three-month, seven figure, high frequency activity will run across VOD, social and programmatic channels in the UK, France and the US. The campaign has been developed by ASOS Creative…
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Sep- 2021 -28 SeptemberEconomy
Asos to create 180 jobs with new £14m Tech Hub
Asos has announced it is to invest £14m in a new Tech Hub in Belfast and create 184 new jobs over the next three years. The new Belfast hub will be operational in early 2022, with 52 dedicated roles in the first year, growing to 184 by 2024, with recruitment…
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