River Island Temporarily Closes Distribution Centre Amid COVID-19 Pandemic
River Island has temporarily closed its distribution center due to the coronavirus pandemic, prioritizing employee safety over business operations....
Asos
GMB Union Slams Asos for Ignoring Safety Measures Amid Pandemic
The GMB Union accuses Asos of endangering workers' lives by not enforcing social distancing in its warehouses during the...
Asos Reports 20% Revenue Growth Amid Record Black Friday Sales
Asos, an online retailer, reports a 20% increase in group revenues to £1.6bn, thanks to record Black Friday sales...
Asos Faces 68% Profit Drop but Sees Retail Sales Growth
Online fashion retailer Asos reports a 68% drop in profits before tax to £33.1 million due to transition costs...
Asos Faces Third Profit Warning Amid Operational Issues
Asos, an online retailer, has issued its third profit warning this year due to "operational issues" affecting profits. The...
Asos Cuts 100 Head Office Roles Amid Sales Slowdown and Warehouse Struggles
Asos plans to lay off around 100 head office staff, primarily from its marketing department, due to a slowdown...
Asos Introduces Virtual Catwalk for Enhanced Shopping Experience
Today, Asos unveils its new 'Virtual Catwalk' feature, an augmented reality experience available through the Asos app. Users can...
New Returns Policies Affect Shopping Habits: Consumer Survey Reveals Concerns
In a recent survey, 73% of consumers are now hesitant to purchase from retailers due to stricter return policies...
Danish Billionaire Loses Children in Sri Lanka Attacks
Danish billionaire Anders Holch Povlsen, owner of Asos and Zalando stakes, has tragically lost three of his four children...
Asos Reports 87% Profit Drop, but CEO Confident in Future Growth
Online clothing retailer Asos reports an 87% drop in pre-tax profits, down to £4m for the six months leading...