Frasers raises Hugo Boss exposure and buys ASOS stake Mike Ashley's Frasers Group said today it had increased its maximum exposure to Hugo Boss to £840m. Business • 24 Oct 22
ASOS warns on outlook as consumers feel inflation pain UK online fashion retailer ASOS said it needed to rebuild its once-successful business model after it reported an 89% drop in 2021-22 profit and forecast … Business • 19 Oct 22
Next cuts profit forecast as shoppers feel the squeeze The plunge in the value of the pound looks set to create a second cost of living crisis for consumers, clothing retailer Next warned today … Business • 29 Sep 22
Online fashion retailer ASOS reports weak August sales British online fashion retailer ASOS said today it expects full-year profit to be around the bottom of its guidance after weaker than projected August sales. Business • 09 Sep 22
ASOS, Boohoo, George investigated for 'greenwashing' Fashion brands ASOS, Boohoo and George at Asda will be investigated by Britain's competition regulator over their environmental claims as it scrutinises retailers for evidence … Business • 29 Jul 22
Online retailers ASOS, Boohoo weighed down by returns British online fashion retailers ASOS and Boohoo both cautioned today that they are being hurt by rising product returns as consumers battle inflation and return … Business • 16 Jun 22
ASOS first half profit falls 87% on supply chain woes Supply chain snags hammered first-half profit at ASOS and the British online fashion retailer warned its expectations for a much better second half could be … Business • 12 Apr 22
ASOS and Boohoo suspend sales in Russia British online fashion retailers ASOS and Boohoo have both suspended sales in Russia after Russia's invasion of Ukraine. Business • 02 Mar 22
ASOS hit by supply chain disruption, volatile demand British online fashion retailer ASOS today reiterated its already downgraded outlook after supply chain constraints and volatile demand limited sales growth in its four months … Business • 13 Jan 22
ASOS CEO steps down as online retailer warns on profit ASOS, the British online fashion retailer, has parted company with chief executive Nick Beighton, as it warned that higher logistics costs and supply chain disruption … Business • 11 Oct 21
Asos to create 184 jobs in Belfast tech hub Online fashion retailer Asos is to invest £14m in a new tech hub in Belfast, creating 184 jobs over the next three years. Business • 28 Sep 21
ASOS aims to be carbon neutral by 2025 Online fashion retailer ASOS said it aims to cut its environmental impact, use more sustainable materials and appoint more diverse corporate leaders, joining a growing … Business • 16 Sep 21
ASOS sales up 21%, but growth slows British online fashion retailer ASOS has reported a 21% rise in sales in the four months to the end of June, but said trading in … Business • 15 Jul 21
Asos deal with Nordstrom to sell Topshop clothes in US Asos has partnered up with US retailer Nordstrom in a new joint venture that will see Topshop clothes sold in physical stores again for the … Business • 12 Jul 21
ASOS H1 profit jumps 275% on strong pandemic demand Online fashion retailer ASOS has today reported a 275% increase in first half profit, driven by the popularity of e-commerce during the Covid-19 pandemic. Business • 08 Apr 21
ASOS buys prized Arcadia brands for £265m ASOS has bought the Topshop, Topman, Miss Selfridge and HIIT brands from the administrators of Philip Green's collapsed Arcadia group for £265m, the British online … Business • 01 Feb 21
What does Debenhams &Topshop deals mean for retailers? Two of the UK's largest online retailers, Boohoo and ASOS, have moved to buy brands from collapsed retail giants in deals underlining how the pandemic … Business • 25 Jan 21
ASOS in talks to buy Topshop, Miss Selfridge brands UK online fashion giant ASOS has confirmed it is in exclusive talks with administrators for Philip Green's Arcadia retail empire. Business • 25 Jan 21
Boohoo buys Debenhams brand for €55m, stores to close Online fashion retailer Boohoo has bought the Debenhams brand and website for £55m in a deal that will see the eponymous department store name survive, … Business • 25 Jan 21
ASOS raises profit view on strong Christmas sales Online fashion retailer ASOS has forecast full year profit at the top end of market expectations after reporting a 23% jump in retail sales over … Business • 13 Jan 21
China's turbo-charged online fashion takes on Zara, H&M China's Shein may be the biggest shopping site you've never heard of. Business • 16 Oct 20
ASOS profit quadruples on strong demand during pandemic British online fashion retailer ASOS has today reported a quadrupling in full-year profit, benefiting from strong demand during the Covid-19 pandemic. Business • 14 Oct 20
ASOS upgrades sales and profit outlook on strong demand British online fashion retailer ASOS is forecasting full-year sales and profit significantly ahead of market expectations. Business • 12 Aug 20
ASOS sees sales rise 10% in lockdown period Online fashion retailer ASOS said today its sales rose 10% in the four months to June 30, benefiting from trading through the coronavirus lockdown while … Business • 15 Jul 20
ASOS shows recovery with strong Christmas sales Online fashion retailer ASOS beat analysts' expectations for sales growth in the key Christmas trading period, indicating that management has addressed the operational issues that … Business • 23 Jan 20
