Asos
Asos embarks on reorganization under new CEO's leadership
In the process of introducing a new business model focused on increasing flexibility within its logistics and reducing costs, Asos is writing off up to 130 million British pounds (150 million euros) of stock
Fashion brands halt sales in Russia
Pressure has been mounting on the Fashion industry to cut off commercial trading with Russia in the aftermath of Russia’s invasion of Ukraine on the 24th of February
ASOS CEO resigns as company issues profits warning
The fashion retailer announced the CEO’s resignation as it disclosed the final results for the fiscal year of 2021. Despite a strong performance, the company issued a profit warning due to supply chain disruptions and rising costs
Asos announces new 2030 ESG goals
The online retailer has disclosed its Fashion with Integrity (FWI) 2030 environmental, social and governance programme. It includes a commitment to achieve net-zero carbon emissions across the full-value chain by 2030- 1
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