All Asos articles

  • News briefs

    Asos and DPD team up on clothes recycling initiative

    2021-04-19T16:58:00Z

    Asos has teamed up with DPD , the big British parcel delivery firm, on a new textile recycling initiative called ReLove. Under the scheme, Asos customers will have an opportunity to donate unwanted clothing to five charities, including the British Heart Foundation , British Red Cross , Marie ...

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    Asos issues a £500 million convertible bond

    2021-04-12T12:55:00Z

    After its publication of excellent results for the first half ended Feb. 28, Asos announted an offer to sell £500 million (€577.5m-$686.6m) in senior unsecured guaranteed convertible bonds due in 2026. The bonds are being offered by the company’s wholly-owned subsidiary Cornwall . The proceeds will be ...

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    Article

    Asos posts record profits on lockdown shopping boom

    2021-04-09T12:59:00Z

    In the first half of its financial year ended on Feb. 28, the British online retailer Asos more than tripled pre-tax profits to a record £106.4 million (€122.8m-$145.8m). The company raised its expectations for the full year as it continues to benefit from the Covid-19 pandemic. While the ...

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    Article

    Boohoo, Asos make moves on major U.K. retail assets

    2021-01-25T15:35:00Z

    Boohoo, the growing British online fast-fashion retailer has acquired the intellectual property assets of Debenhams , the oldest and biggest department store in the U.K., for £55 million (€75.3m-$69.1m) in cash, plus value-added tax. The takeover includes Debenhams’ big internet marketplace with the related customer data, contracts and other ...

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    Analysis: The 10 major European sports retailers online

    2020-10-15T17:08:00Z

    The online retail business in the sporting goods sector has been growing stronger and stronger in recent years, and it has been accelerating during and after the first wave of the coronavirus pandemic. New business models and start-ups have disrupted classic sales channels. Players with strong roots in technology, data and innovation have been taking an increasing share of the market, profiting from deep consumer insights and trends. But brand awareness, people, careers and leadership are still playing a strong role in the success of any venture, as many of the examined companies stress on their B2B websites.

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    Article

    Asos will focus more on activewear

    2020-10-15T08:11:00Z

    Asos, the international U.K.-based fashion e-tailer, said it will expand its activewear offering as locked-down clients spurned party outfits in favor of sportswear and exercise gear during the Covid-19 pandemic. Asos said that a focus on curating and presenting “the best edit of sports lifestyle and activewear product … from ...

  • News briefs

    Asos teams up with Nike for the Re:Set Lab

    2020-03-13T18:38:00Z

    As reported by Fashion Network , Asos and Nike recently invited customers to take part in immersive or high-intensity classes in exercise, yoga, meditation, and arts and crafts such as candle-making, make-up application, terrarium set-up and illustration. The event, called Re:Set Lab , was held from Feb. 28 ...