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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Dec- 2018 -19 DecemberDepartment Stores
John Lewis bucks retail woes with festive sales increase
John Lewis has bucked retail troubles reporting a total sales increase of 1.8% for the week to 15 December. The retailer blamed the rise on price-matching discounts and increased business from Christmas shoppers. The rise has defied trends elsewhere in the retail sector, where companies such as Asos have issued…
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19 DecemberEconomy
Lowest November growth in seven years for online retail
UK online retail sales suffered its worst November growth since 2011 last month coming in at just +8.1% year-on-year (YoY), as Black Friday discounting failed to encourage consumer spending, according to the latest IMRG Capgemini e-Retail Sales Index. November fell below the three- (+8.3%), six- (+10.5%) and 12-month (+12.2%) sales…
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17 DecemberClothing & Shoes
Asos issues profit warning after tough November trading
Online fashion retailer Asos has issued a profit warning due to its performance in November coming in “significantly behind” expectations. This is despite a 14% sales increase in its first quarter trading and September and October coming in “broadly in line” with expectations. However economic uncertainty plus weaker consumer confidence…
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11 DecemberClothing & Shoes
Online non-food spend to top £75bn by 2023, data suggests
Total online spend is forecast to rise 34.5% over the next five years, reaching over £75bn by 2023 as consumers continue to shift spend to digital channels. With online retail spend set to rise 7.5% this year while offline spend increases by just 1%, UK consumers are set to spend…
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4 DecemberClothing & Shoes
ASOS appoints Mark Holland as chief operating officer
ASOS has announced the appointment of Mark Holland to the newly-created role of chief operating officer. A member of ASOS’ executive board, Holland has worked for ASOS for six years. His most recent position was supply chain director, where he oversaw ASOS’ global trading, customer care and supply chain functions.…
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Nov- 2018 -28 NovemberClothing & Shoes
Primark, Topshop and ASOS defend practices in Parliament
Primark, Arcadia, ASOS were among some of the retailers who had executives and representatives appear before the Environmental Audit Committee to answer questions on sustainability in their businesses. This was part of the Environmental Audit Committee’s ongoing inquiry into the sustainability of the fashion industry. Representatives from Marks and Spencer,…
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26 NovemberClothing & Shoes
Missguided boss slammed by MPs for Parliamentary no-show
Nitin Passi, the CEO and founder of online retailer Missguided, has been criticised by MPs for refusing to appear in the Houses of Parliament as part of an investigation into fast fashion. In a letter to Passi, MP Mary Creagh chair of the Environmental Audit Committee, said she was “disappointed”…
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20 NovemberOnline & Digital
ASOS launches Fit Assistant to help customers find right size
ASOS has announced the global app roll out of its sizing tool, ASOS Fit Assistant, which works to help customers find their right size the first time. The Fit Assistant uses machine learning to provide bespoke sizing recommendations on the online retailer’s product pages. Powered by Fit Analytics, ASOS has…
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9 NovemberClothing & Shoes
Fast fashion brands called before Parliament
A number of online only fashion retailers have been asked to give evidence as part of the Environmental Audit Committee’s inquiry into the sustainability of the fashion industry. The chair of the committee has written letters to ASOS, Boohoo, PrettyLittleThing, Amazon and Missguided, published today (9 November), to the online…
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Oct- 2018 -23 OctoberOnline & Digital
ASOS appoints new CFO
Online fashion retailer ASOS has announced the appointment of Mathew Dunn to the role of chief financial officer (CFO) and to the main board of the company. Dunn will take up his roles in the spring of 2019 on a date to be announced in due course. He has held…
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