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.
-
Jul- 2019 -10 JulyAdvice
The impact of Brexit on the UK retail market
It’s no secret that the UK retail sector is facing a serious crisis, with the demise of several vendors including HMV, Toys R Us and LK Bennett a stark example of companies which have failed to stay afloat. But where did it all begin and what actions can retailers take…
Read More » -
8 JulyOnline & Digital
Asos prepares to cut 100 head office roles as sales slow
Online retailer Asos is preparing to make around 100 of its head office staff redundant with a source saying the company’s marketing department is under threat. According to the Sunday Times, this is due to a slowdown in sales and a “botched” attempt to open a warehouse in America. In…
Read More » -
1 JulyAdvice
Retail doesn’t need a level playing field, it needs nurtured players
Barely a day goes by without another news story about a high street name in trouble. There’s no doubt that the Great British High Street is undergoing a tumultuous period. But there’s still a lot of debate about what precisely underlying cause of these issues are. Much has been made…
Read More » -
Jun- 2019 -14 JuneOnline & Digital
Asos brings models to customers’ homes with new Virtual Catwalk
Online fashion retailer Asos has today (14 June) announced the launch of ‘Virtual Catwalk’, its first augmented reality (AR) experience. Available now through the Asos app on iOS 11.3 devices and above globally, the Virtual Catwalk test will run on 100 new-in Asos Design products. Simply by pointing their smartphone…
Read More » -
11 JuneAdvice
Understanding the true cost to serve
The boom in the e-commerce industry over the last 10 years has led to a saturated marketplace, with retailers facing competition from every angle: pureplay, omnichannel and Direct to Consumer. This saturation has resulted in a fiercely competitive marketplace, and will be worth over €200bn (£178bn) in the UK by…
Read More » -
10 JuneOnline & Digital
New returns policies make 73% of shoppers think twice about buying
Some 73% of consumers have given purchasing from a retailer a second thought for fear of being blacklisted due to updated returns policies created to clampdown on serial returners, a survey has shown. In April, ASOS was one of the first online retailers to take action against serial returners, with…
Read More » -
May- 2019 -29 MayAdvice
Payments: the key to personalisation in retail
Retailers are cost-cutting, trialling customer policies and experimenting with tech such as smart mirrors in the aim of securing their future. Cutting through the noise and getting through to customers is critical, but also easier said than done. You just need to look at ASOS updating their extended returns to…
Read More » -
Apr- 2019 -23 AprilOnline & Digital
Asos and Zalando retail tycoon loses children in Sri Lanka attacks
Anders Holch Povlsen, a Danish billionaire with stakes in both Asos and Zalando, has lost three of his four children in the Sri Lanka bombing attacks. His family were visiting the country over the Easter break and a spokesman for Bestseller, the international clothes retailer chain Holch Povlsen owns, confirmed…
Read More » -
10 AprilClothing & Shoes
Asos hit by 87% profit fall
Online clothing retailer, Asos has announced an 87% fall in pre-tax profits down to £4m for the six months leading up to 28 February, against results for the same period during the 2018 financial year. The retailer blamed its profit plunge on a difficult year caused by “heavy discounting” and…
Read More » -
9 AprilClothing & Shoes
New Look to abandon menswear store offering
Clothing retailer New Look plans to remove its menswear offering from its stores from autumn 19, moving it to an online only offering. According to Drapers, New Look aims to start the process of removing its mens offering from its 160 stores in the next four to six months. It…
Read More »
