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 part of our customer proposition, there are good returns and bad returns,” CEO José Antonio Ramos Calamonte wrote in the...
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 to its recent financial performance. ASOS saw a 16% decline in U.K. sales during the last quarter, primarily due to the...
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 rental marketplace Hirestreet, arriving in time for this year’s wedding season. “In the UK in 2023, the average cost of...
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 a Friday (July 29) press release. Fashion retailers ASOS, Boohoo and George at Asda have come under scrutiny as part...
November 01, 2023
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 part of our customer proposition, there are good returns and bad returns,” CEO José Antonio Ramos Calamonte wrote in the company’s year-end earnings report Wednesday (Nov. 1). He said good […]
May 23, 2023
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 rental marketplace Hirestreet, arriving in...
July 29, 2022
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 a Friday (July 29) press...
October 11, 2021
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 company amid supply chain bottlenecks...
