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Apparel retailers among firms urged to step up plastic waste goals Hannah Abdulla | 9 Nov 20

Businesses are being urged to set ambitious plastic waste reduction targets and take bold action on unrecyclable packaging types by either executing a credible roadmap to make recycling work, or decisively innovate away from them, as a new report shows limited progress has been made on increasing recyclability of plastic packaging and reducing the need for single-use packaging altogether.

Asos names first chief commercial officer Beth Wright | 5 Nov 20

Online fashion retailer Asos is strengthening its executive team with the appointment of Salsa Jeans CEO José Antonio Ramos Calamonte as its first chief commercial officer.

Asos commits to tackle supply chain slavery risks Michelle Russell | 20 Oct 20

UK online fashion retailer Asos has signed the Anti-Slavery International Charter, committing to help eradicate slavery, forced labour, and child labour in fashion supply chains. 

Asos takes Covid-19 in its stride as FY profits soar 329% Beth Wright | 14 Oct 20

Asos says it has emerged from the financial year as a stronger, more resilient and agile business and is well positioned for the uncertain landscape ahead amid a GBP109m surge in profit and plans to launch a new own-label brand at a typically lower price point.

Asos unveils first circular fashion collection Beth Wright | 28 Sep 20

Online fashion retailer Asos has launched its first circular fashion collection, building on a commitment announced two years ago to train all of its designers on circular design by 2020. 

Asos ups FY guidance amid reduced returns rates Beth Wright | 12 Aug 20

Online fashion retailer Asos has raised its full-year sales and profit expectations on the back of stronger than anticipated underlying demand and a sustained reduction in returns rates.

Asos outlines ethical manufacturing commitments for UK brand partners Beth Wright | 7 Aug 20

Brands stocked by Asos with a UK manufacturing presence have been asked by the online fashion retailer to make four new ethical manufacturing commitments as a condition to their products being sold on the company's website.

Asos pulls through pandemic with "robust" momentum Michelle Russell | 15 Jul 20

UK online fast fashion retailer Asos appears to be pulling through the coronavirus pandemic relatively unscathed as it booked higher sales in its third-quarter and offered an optimistic outlook for the full year. Analysts believe the group's flexible business model and a "robust" momentum in the business put Asos in a good position moving forward.

Asos optimistic on outlook as Q3 sales grow 10% Michelle Russell | 15 Jul 20

Online fast fashion retailer Asos has said it expects full-year earnings to come in at the top end of market expectations after sales rose 10% in the third quarter thanks to an improvement in demand.

Asos scales up use of augmented reality to weather Covid-19 storm Beth Wright | 6 May 20

UK online fashion retailer Asos is ramping up its use of augmented reality (AR) technology to simulate real-life model photography in response to the Covid-19 pandemic.

Asos posts "record" H1 profits but virus impact starting to weigh on sales Hannah Abdulla | 8 Apr 20

Asos has posted record first-half revenues and profits, but the impact of coronavirus on the most recent three weeks of trading has prompted the UK online fashion retailer to conduct a share sale to shore up its finances, from which it has raised GBP247m (US$306m).

Asos lowers operational carbon reduction on orders Michelle Russell | 3 Mar 20

Online fast fashion retailer Asos has achieved a 30% reduction in operational carbon emissions per order over the last four years, but says customer delivery remains the most material part of its footprint and is a "continued focus".

Record Black Friday drives better than expected Asos sales Beth Wright | 23 Jan 20

Asos has reported an "encouraging" start to its new financial year as a record Black Friday weekend helped drive a better than expected sales performance with double-digit retail revenue growth.

Asos harnesses augmented reality for fit tool trial Beth Wright | 15 Jan 20

Asos has become the first retailer in Europe to trial a new Augmented Reality (AR) tool that offers consumers a simulated view of a garment in different sizes and on different body types to help drive more informed purchases.

Has Asos taken on too much? What the analysts say Beth Wright | 16 Oct 19

UK online fashion retailer Asos has blamed warehouse issues in the US and EU, along with restructuring costs and slowing international sales for a 68% drop in pre-tax profit to GBP33.1m. The news, analysts say, proves the company has taken on too much with its "overambitious" plans. 

Asos FY profits tumble amid "disruptive" year Beth Wright | 16 Oct 19

Shares in Asos surged by more than 17% this morning (16 October) as the UK-based online fashion retailer reported a "disappointing" full-year performance marred by warehouse automation and restructuring issues.

Apparel brands join forces to tackle global packaging supply chain Beth Wright | 3 Oct 19

Apparel industry heavyweights H&M, VF Corp, Kontoor Brands and Asos are among ten companies that have committed to a new initiative launched by environmental not-for-profit Canopy to transform the impacts of the global packaging supply chain on forests.

Asos seeks supplier discount to offset investment costs Hannah Abdulla | 21 Aug 19

UK fashion e-tailer Asos has requested a cut in prices from suppliers to help offset ongoing investments in the business to drive sales and growth.

Asos shares tumble on FY profit warning Beth Wright | 18 Jul 19

Shares in Asos remained down by more than 17% this afternoon (18 July) as the UK-based online fashion retailer reduced its full-year sales and profit expectations.

Asos adds responsible filter for eco-friendly items Beth Wright | 24 Jun 19

UK online fashion retailer Asos has unveiled two new features to highlight the environmentally conscious clothing sold on its site and offer customers a way to identify those brands and products more easily.

Asos uses augmented reality to launch virtual catwalk Beth Wright | 14 Jun 19

UK online fashion retailer Asos has launched its first augmented reality (AR) experience - ‘Virtual Catwalk’. 

Asos optimistic despite H1 profit plunge Beth Wright | 10 Apr 19

Despite booking what it calls a "disappointing" first-half performance, UK online fashion retailer Asos has posted a double-digit jump in revenues in the period – and continues to far outperform its competitors, according to one analyst.

Asos shares tumble as H1 growth slows Beth Wright | 19 Mar 19

Shares in Asos remained down by more than 8% this afternoon (19 March) as sales growth slowed at the UK-based online fashion retailer in the first half. 

Asos and PVH join Global Fashion Agenda Beth Wright | 14 Jan 19

UK-based online fashion retailer Asos and apparel giant PVH Corp have become the latest strategic partners to join the non-profit Global Fashion Agenda, which is working to refocus industry efforts on sustainability in the global fashion system.

New Asos lingerie made from recycled plastic bottles Beth Wright | 20 Dec 18

UK-based online fashion retailer Asos has revealed a new lingerie line made from recycled plastic bottles and fishing nets.

UK fast-fashion retailers asked to justify their low prices Hannah Abdulla | 6 Dec 18

Making the sums add up on ultra-cheap fast fashion was one of the lines of questioning pursued during a parliamentary hearing last week, with British lawmakers asking retailers how they can justify selling dresses and T-shirts for just a couple of pounds.

Asos harnesses machine learning to tackle fit Beth Wright | 20 Nov 18

UK-based online fashion retailer Asos has launched a new Fit Assistant tool which uses machine learning to provide sizing recommendations for customers based on previous purchases and returns.

Asos among new ZDHC affiliates Beth Wright | 14 Nov 18

UK-based online fashion retailer Asos is among seven new companies and associates to have committed to the Zero Discharge of Hazardous Chemicals (ZDHC) group.

Asos bags FY sales and profit hike Beth Wright | 17 Oct 18

Shares in Asos surged by more than 14% this morning (17 October) as the UK-based online fashion retailer posted a GBP500m rise in revenue and a 28% pre-tax profit hike for 2018. 

Asos launches voice shopping with Google Assistant Beth Wright | 11 Oct 18

UK online fashion retailer Asos has today (11 October) become one of the first fashion retailers in the UK to launch on Google Assistant, meaning customers can discover the latest of the company's products across popular categories using just their voice.







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