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Asos puts hundreds of jobs at risk at head office amid bid to return to profitability
Asos is set to axe hundreds of jobs at its head office amid mounting losses at the online fashion giant as it attempts to return to profitability, according to reports.
Asos to cut 200 jobs at head office as it battles cheaper fast fashion rivals
The e-tailer has struggled with low sales and high debt post-pandemic amid competition from cheaper rivals like Shein.
ASOS to slash hundreds of head office jobs amid heavy losses at online fashion giant
Internet fashion firm Asos has proposed sweeping job cuts in parts of its head office as it tries to return the business to profit and "simplify the organisation”
Asos to cut head office roles as tech team restructured
Asos set to cut more than 200 head office roles amid rising losses at the retailer. The move comes as the fashion giant pushes ahead with “simplifying the organisation” and returning to profit, according to The Mirror.
Asos to axe more than 200 head office jobs
Asos could reportedly axe over 200 jobs at its head office as it mulls a restructuring amid recent heavy losses at the company. According to The Mirror, head office employees now face job losses as the company is looking to streamline the business in a bid to return to profit.
Asos to cut 200 jobs at London head office as it battles cheaper fast fashion rivals
For the last year, Asos' stock price has languished at lows not seen since its first two years of listing on the LSE and earlier this year, it announced a £120 million pre-tax loss for the first half of 2024.
Asos to shake up tech team
Asos has launched a consultation with staff in its technology team on a proposed restructuring to simplify the organisation, which "will not change the overall number of employees".
15d
If you shop at Asos so much you’re facing charges on returns, stop complaining
The online retailer’s new rules have caused an uproar. But perhaps it should be a wake-up call if your fast-fashion habit is ...
21d
High Street Return Floated After Sale Of Global Fashion Brand Topshop
An unlikely rebirth of a former fashion powerhouse could be on the cards after a major deal completed for a global brand that ...
The Independent
15d
The Asos returns row should be a wake-up call for all of us
Another weekend, another outpouring of outrage on social media. This time, the ire was reserved for online
fashion
brand
Asos
. “Has anyone else had a sh***y email off
Asos
? Maybe if you sorted ...
MoneyWeek
21d
Asos shares jump 20% after agreeing to sell Topshop and Topman brands
Asos is launching a joint venture with Denmark’s Heartland group to purchase the Topshop and Topman brands - is it time to ...
6d
ASOS's 'great value' £95 beauty advent calendar tops them all - and here's why
I've opened my fair share of beauty advent calendars in my time, and ASOS's affordable festive offering is up there with the ...
prmoment.com
14h
Fashion industry gets tailored greenwashing advice
Having been the subject of various media probes into labour practices, marketing ploys and the sustainability implications of ...
3d
on MSN
Mike Ashley's Frasers Group sells chunk of Asos stake after Topshop deal spike
The retail empire has cut its holdings in the online fashion giant to 21.1 per cent from 24.3 per cent, according to a new ...
1d
Join today’s webinar: A guide to TikTok Shop with Asos, Kaiia and TikTok
This afternoon's Drapers Connects webinar will help brands and retailers of all sizes build winning social commerce ...
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