PYMNTS-MonitorEdge-May-2024

ASOS

Retailers Crack Down on ‘Serial Returners’
Retailers Crack Down on ‘Serial Returners’
June 26, 2024  |  eCommerce

As retailers grapple with the trillion-dollar returns problem, more merchants are beginning to penalize consumers for sending back items. Take Boozt, a Nordic digital department...

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Asos Looks to Separate ‘Good Returns’ From ‘Bad Returns’
Asos Looks to Separate ‘Good Returns’ From ‘Bad Returns’
November 01, 2023  |  Retail

Online fashion retailer Asos is focused on returns as it continues its cost-cutting measures. “While we continue to believe that free returns are a core...

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ASOS Sales Forecast: Summer Showers Dampen Revenue 
ASOS Sales Forecast: Summer Showers Dampen Revenue 
September 27, 2023  |  Retail

Weather can exert an influence on consumer purchasing choices, a phenomenon vividly illustrated by the advisory released by the online fashion giant ASOS in relation...

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ASOS and Hirestreet Team to Offer ‘Wear-it-Once’ Rentals
ASOS and Hirestreet Team to Offer ‘Wear-it-Once’ Rentals
May 23, 2023  |  Retail

With consumers focused on sustainability, British fashion retailer ASOS has launched a clothing rental program. The company on Tuesday (May 23) announced a partnership with...

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‘Eco-Friendly’ Claims Under Fire as UK Launches Probe of 3 Retailers
‘Eco-Friendly’ Claims Under Fire as UK Launches Probe of 3 Retailers
July 29, 2022  |  Retail

The U.K.’s Competition and Markets Authority (CMA) is launching an investigation into three fashion retailers for making misleading claims about their sustainability practices, according to...

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Fast Fashion Faces Strong Headwinds, Changing Consumer Preferences
Fast Fashion Faces Strong Headwinds, Changing Consumer Preferences
October 13, 2021  |  Retail

Fast fashion, once seen as a way for brands and consumers alike to stay on top of the latest trends, is facing a reckoning. As...

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ASOS Chief Executive Exits in Leadership Shakeup
ASOS Chief Executive Exits in Leadership Shakeup
October 11, 2021  |  Retail

British online retailer ASOS on Monday (Oct. 11) said goodbye to CEO Nick Beighton ahead of what’s expected to be a tumultuous period for the...

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Nordstrom Invests In Topman, Topshop Fashion Labels
Nordstrom Invests In Topman, Topshop Fashion Labels
July 12, 2021  |  Retail

Nordstrom has obtained a minority stake in the Topshop, Topman, HIIT and Miss Selfridge labels. Its investment will fuel the expansion of the brands around the...

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Recreating Retail For The Recovery Period
Recreating Retail For The Recovery Period
June 04, 2020  |  Retail

Online commerce has soared during the pandemic, prompting retailers of all types and sizes to leverage how they use digital channels to bring back customers...

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