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Asos to employ 2,000 people at new Staffordshire warehouse

Asos has announced plans to employ 2,000 people at a new 90 million pound fulfilment centre in Lichfield, Staffordshire, over the next three years. The 437,000 square foot warehouse, a joint venture between AEW and Allianz Real Estate, is based at Fradley Park and will be operational within 12 months, Asos said. The company will then gradually...

8 Jan 2021

Business

2020: Online fashion sales zoom while physical retailers suffer

Fashion has been the most hard hit category by Covid-19 pandemic. Compulsory store closures, work from home schedules followed by low footfall at opened stores, negatively impacted sales at almost every brick and mortar fashion retailer. According to Reuters, the Office for National Statistics report showed that clothing sales declined 19...

23 Dec 2020

Fashion

Asos reveals “shifted shopping habits” in 2020 trend report

Online retailer Asos has released its annual trends report, which reveals that the pandemic has shifted 20-somethings’ shopping habits, with activewear and loungewear soaring as shoppers looked for comfort. During lockdown, Asos saw a corresponding uptick in customer demand for activewear, with 188,000 pairs of its Asos 4505 Icon leggings sold...

4 Dec 2020

Podcast

Podcast: UnEdited talks about the transformation of e-commerce

In this episode, UnEdited talks about the transformation of e-commerce with fashion acquisition manager at eBay Helen Riley. Riley was one of the first employees at Asos and saw the business grow from a small e-commerce company to a globally recognised e-commerce platform. Listen to the podcast below. Source: UnEdited via Spotify Photo credit:...

23 Nov 2020

Retail

Asos Marketplace to remove commission rates until end of 2020

Asos is temporarily removing the commission rates on its Asos Marketplace until the end of 2020 to support its sellers through the second coronavirus lockdown and peak trading period. The introduction of zero percent commission rate until the end of the year will be for both existing and new sellers, explained Asos in a statement, and follows up...

12 Nov 2020

Business

Asos announces the appointment of chief commercial officer

Asos has appointed José Antonio Ramos Calamonte as Chief Commercial Officer. The company said in a statement that this hire marks the latest appointment in a series of newly-created roles designed to further strengthen the Asos executive team and ensure the company has the strategic capability required for the next stage of growth. Commenting on...

5 Nov 2020

Retail

Asos partners with Apexx to manage global payments

Asos has announced a partnership with global payment platform Apexx. In the new partnership, Apexx will manage the authorisation, optimisation and processing of transactions made through Asos’ Payments Orchestration Layer across several of its European markets. The service will be rolled out in more international locations at a later date. As...

4 Nov 2020

Business

Asos posts jump in annual profit

Total sales at Asos Plc grew by 19 percent to 3,263.5 million pounds and profit before tax increased to 142.1 million pounds, an increase of 109 million pounds for the year to August 31, 2020. The company said in a statement that active customer base grew by 3.1million to 23.4 million, up 15 percent from the previous year. EBIT for the year...

14 Oct 2020

Retail

Asos Marketplace adds charity boutiques for AW20

Asos Marketplace, the platform from online retailer Asos that features more than 1,000 independent brands, is adding five new charity boutiques for autumn/winter 2020.   New to the platform this year are Cancer Research UK and Royal Trinity Hospice, while returning from last year’s collaboration with Asos Marketplace are Oxfam Festival Shop,...

12 Oct 2020

Retail

What if online stores took to the high street?

How would online retailers fare if they were to compete on the UK high street? That’s what European technology firm Raisin has tried to find out. Using mobile and desktop search visibility versus revenue, the company has visualised how much space online shops command in comparison to physical stores in a “virtual high street”. In terms of...

7 Oct 2020

Retail

The Welsh Government supports former Laura Ashley workers

Fashion-Enter Ltd (FEL), a social enterprise specialising in training and manufacturing, has hired 77 former Laura Ashley workers with the support of the Welsh government. FEL is planning to open a new production centre in Powys. It comes after the company secured a major contract with online fashion retailer Asos. With additional support from...

5 Oct 2020

Fashion COMMENTARY

How circular is Asos’ first circular fashion collection?

After two years of hard work that started at the Copenhagen Fashion Summit in 2018, British online fashion retailerAsos launched its first circular collectionin cooperation with the Centre for Sustainable Fashion on Monday. The 29-piece “Circular Collection” challenges the misconception that circular and sustainable clothing can’t be...

1 Oct 2020