ASOS to launch first-ever IRL space in London’s West End
ASOS has spent its entire history operating online but now it’s entering a physical space for the first time with an “in real life retail experience” opening in central London. …
Asos
Nike, Zara are world’s ‘most valuable’ fashion brands
Nike is the most valuable ‘fashion’ brand globally, easily beating every brand on the planet, according to market value assessments based on Google search volume and social media data. Reuters …
Why overproduction is the real challenge for the fashion industry
By AFP-Relaxnews Published Nov 7, 2023 From recycled materials and water and energy savings to reduced carbon emissions, every effort counts when it comes to reducing the textile industry’s impact …
Shein reportedly mulling Topshop bid
The UK-based potential bidders for Topshop could have a major rival for the prize with reports that Shein is considering making an offer for the popular brand. Topshop/Topman It has …
UK online fashion retailer Boohoo defends supplier treatment after BBC probe
By Reuters API Published Nov 6, 2023 British online fashion retailer Boohoo defended its treatment of suppliers on Monday after the BBC said it had seen evidence of staff pressuring …
ASOS mothballs £90m warehouse, ‘talks to Authentic’ about Topshop sale
As it cuts costs as part of its turnaround drive, ASOS said it’s mothballing a major Midlands warehouse. And a newspaper has also claimed that it’s talking to Authentic Brands …
Matches sales fall, losses widen, but e-tailer is making progress on its turnaround
Luxury retailer Matches saw revenue falling 1.68% in the year to January, hitting £380.1 million as factors including Brexit, cautious consumers and rising interest rates all weighed on its performance. …
ASOS hails turnaround progress but sales continue to fall
ASOS released its delayed annual results on Wednesday and talked of the progress that it’s making, although its upbeat stance couldn’t disguise the fact that there were many difficult figures …
ASOS reportedly exploring Topshop sale: who would buy?
ASOS is considering selling Topshop as its turnaround drive continues, at least that’s what a report claimed at the weekend, although ASOS is taking a “no comment” stance. Topshop/Topman Sky …
Frasers’ Boohoo stake-building continues, but it cuts ASOS stake
Frasers Group is continuing its enthusiastic stake-building in major UK fashion e-tailer Boohoo Group while share prices remain low. But its ASOS stake is now a few percent below what …