ASOS news and archive

Asos and PVH Corp join Global Fashion Agenda

Global Fashion Agenda, the forum for industry collaboration on sustainability in fashion, has welcomed Asos and PVH Corp as new strategic partners. They’re joining Bestseller, H&M Group, Kering, Li & Fung, Nike, Sustainable Apparel Coalition and Target in the initiative. “With the addition of ASOS and PVH, our Strategic Partner group has truly...

Fashion Featured

What twenty-something shoppers bought in 2018, according to Asos

Small sunglasses, animal print, floral shorts and dad shoes. These are some of items twenty-something consumers were most interested in last year, according to a report by fashion e-tailer Asos, unveiling the best selling items of 2018 among customers aged 20-29. In 2018, Asos sold over 16,000 sunglasses around the world, 10,000 of which...

Management |ANALYSIS Featured

Why Asos’ profit warning has set the fashion industry trembling

New York – Last Monday’s warning from Asos Plc., unanimously seen by both the industry and the market as better placed than most fashion peers to weather shopper fatigue, has raised a number of concerns about weakening consumer strength globally. On December 17, Asos issued an unexpected profit warning after a poor November. The fashion company...

Report

Boohoo boasts strong trading following record Black Friday sales

UK-based e-tailer Boohoo has announced that it “continues to trade comfortably in line with market expectations” following record Black Friday sales in November. The news comes in the same week that online retailer Asos issued a profit warning, announcing a drop in sales during the key sales month of November. Last month Boohoo was accused by...

Management

Laura Ashley closures: an all-too-familiar sight for the high street

If you feel like the news on Monday that Laura Ashley would be closing 40 of its stores felt oddly familiar, it’s because it is. The UK is facing an increasing amount of store closures, and the once flowery Laura Ashley is the latest retailer to wilt in the country’s struggling high street. House of Fraser (HoF), New Look and Marks and Spencer...

Report

Asos issues profit warning following challenging November

For the first three months of the financial year, Asos Plc said, although the company delivered growth in sales of 14 percent, it experienced a significant deterioration in the important trading month of November and that the conditions remain challenging. As a result, Asos has reduced the expectations for the current financial year. The company...

Fashion Featured

Uniqlo named World’s Simplest fashion brand

Japanese fashion brand Uniqlo has been named the World’s Simplest fashion brand in the annual study from Siegel+Gale, which ranks companies who deliver on their promise for simple, clear, and intuitive experiences. For this 2018 study, Siegel+Gale asked more than 15,000 people across nine countries in the US, Europe, Asia, India, and the Middle...

People

Asos appoints Mark Holland as Chief Operating Officer

Asos has appointed Mark Holland to the newly-created role of chief operating officer. Holland has worked for Asos for six years and was most recently supply chain director, where he oversaw Asos’ global trading, customer care and supply chain functions. Holland’s new role will see him leading the management and delivery of Asos’ significant...

Fashion

Asos improves sizing assistance with AI technology

Asos introduced a new tool to its online shopping experience to improve sizing assistance to its shoppers. Previously, shoppers could determine sizing on select items on the Asos site and app through telling it which sizes had worked in previous purchases. Its new tool uses artificial intelligence to help its consumers make an even more informed...

Fashion Featured

Peta Fashion Awards announce 2018 winners

Asos, Burberry, and Dr Martens are among the winners of Peta Fashion Awards 2018, which celebrates the luxury labels, fashion moments, and forward-thinking brands that have made "big statements for animals”. The animal rights charity named Asos as the Most Progressive Online Platform, after the e-commerce giant announced earlier this year...

News

Peta Fashion Awards announce 2018 winners

Fashion

Asos rolls out Fit Assistant tool

Asos has announced the global roll out of its sizing tool, the Asos Fit Assistant on its app and e-commerce site, which aims to help customers get sizing right, first time. Powered by Fit Analytics, the Fit Assistant uses machine learning to provide bespoke sizing recommendations for customers, based on their previous purchases and returns. To...