ASOS ASC 4.13% said it has named Aaron Izzard as chief financial officer and executive director, as the company continues with its turnaround plan. Izzard will succeed Dave Murray, who will be ...

ASOS has launched the UK’s first nationwide next-day delivery service to 16,000 lockers across the country. The global online retailer has launched the lockers in partnership with logistics firm ...

Asos' operating loss improved from £246.8m to £210.1m, while net debt was trimmed from £348.8m to £275.8m.

Asos has three warehouses—in the UK, Germany, and the US—which means that in some areas of its operations, delivery times and costs are substantially higher than those of more localized players.

Asos shares were up 22.6 per cent by late morning to 312.6p, having added almost 11 per cent on Thursday amid rumours Danish billionaire Anders Holch Povlsen could launch a takeover.

Asos reported an operating loss of £331.9m for the year to 1 September 2024, up £83.4m from a loss of £248.5m in 2023.

ASOS has unveiled a series of promotions and new appointments as part of a broader organisational restructure to align with its strategy and customer-centric approach. Key changes include Jag ...

Asos has appointed a new MD as part of organisational changes to align its structure with its growth strategy and customer-first approach.

Given lack of scale and low profitability (Asos was mildly loss-making in 2023 and its peak margin over the past five years was 4.9%), Asos can hardly match those players on pricing.

As part of its refinancing, Asos has entered a joint venture with Heartland – the investment company representing the Holch Povlsen family, and their fashion business Bestseller – which will purchase ...

Asos has been using Microsoft’s Azure software and its AI capabilities to support its data-driven decision-making, speed and efficiency since 2022. Olaf Akkerman, general manager, retail and consumer ...

Asos signed a five-year agreement with Microsoft in 2022 to continue the use of Microsoft Azure as its cloud platform. Asos launched customer testing for its AI Stylist earlier this year to help ...