UK: Amazon denies interest in Asos
By Katie Smith | 22 October 2012
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.
A strong performance from Asos' overseas operations helped Asos book a 31% increase in fourth quarter revenues in September.
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