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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 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 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 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 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
on MSN
The Asos returns row should be a wake-up call for all of us
The Asos returns row should be a wake-up call for all of us - IN FOCUS: The online retailer’s new rules have caused an uproar ...
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 ...
21 Ninety on MSN
13h
2024 Fall Fashion Trends You Need to Try
Fall is here. For many, the mark of the crisp season means new fashion trends to embrace. The fall 2024 runway cycle ...
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 ...
Startups on MSN
15d
Stitch-up or sew right? In defence of ASOS’ £3.95 return fee
Customers are complaining after the marketplace confirmed they would need to pay £3.95 to return items. Here’s why they’re ...
prmoment.com
18h
Fashion industry gets tailored greenwashing advice
Having been the subject of various media probes into labour practices, marketing ploys and the sustainability implications of ...
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 ...
3d
on MSN
Mike Ashley’s Frasers Group sells shares in Asos following Topshop spike
Frasers Group, the retail empire controlled by Mike Ashley, has lowered its stake in fast-fashion giant Asos. The ...
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