UK: Amazon denies interest in Asos
Internet retail giant Amazon has denied reports it is considering a bid for online clothing retailer Asos to drive fashion growth.
The clothing retailer allegedly attracted interest from Amazon after the e-commerce giant's founder Jeff Bezos met with Asos founder Nick Robertson in Seattle, US. Amazon looked at the clothing retailer's books earlier this year, according to The Telegraph.
However, a spokesperson for Amazon told just-style today (22 October): "There is no truth in this."
Meanwhille, Asos did not respond to requests for comment.
Amazon's former managing director Brian McBride is set to join Asos as non-executive chairman in November, replacing Lord Waheed Alli.
Apparel sales in the Asia Pacific region are continuing on a golden growth trajectory despite a slowdown in China. Domestic brands are continuing to hold their own, and foreign brands intent on making...
Featured reports from just-style's research store this week include a look at chemical protective clothing, digital strategies at Asos and Oasis, and two reports on world markets for textile machinery...
The online and luxury segments are set to provide a silver lining in what is an otherwise gloomy outlook for Australia's fashion industry, according to research released by IbisWorld. ...
- M&S to launch supply chain human rights policy
- VF pushes ahead on chemicals management
- M&S project benefits garment worker health
- Can the Gap brand reclaim its iconic status?
- Compliance in China continues to improve
- C&A to add "accurate fit" label to garments
- Myanmar makers mull shut-downs over wage plans
- Cotton tracing "biggest challenge" for M&S
- China cotton stockpile auction may shake up market
- WEBINAR: Compliance: Why has it failed?