All the updated news related to asos

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City

Asos, Boohoo and George at Asda subject to greenwashing probe by regulators

Regulators have launched a probe into whether fashion giants Asos, Boohoo and George at Asda are misleading their customers over their green credentials. The inquiry will examine whether the brands are pulling the wool over customers’ eyes by ...

29 Jul 2022 at 11:32

Scotland

Rich List: Half of billionaires in Scotland saw fortunes fall over last year

Half of Scotland’s 10 billionaires saw their fortunes fall over the last year, the Sunday Times Rich List 2022 has revealed. The richest person in Scotland is fashion tycoon Anders Holch Povlsen, who owns popular brand ASOS. He is worth ...

20 May 2022 at 08:00

City

Asos ends sales in Russia after Ukraine invasion

Asos has joined a growing list of western companies pulling out of Russia as sanctions take hold and the invasion of Ukraine intensifies. The online fashion giant said it was halting sales in Russia and could not fulfil deliveries in ...

02 Mar 2022 at 17:25

City

Asos confirms move to main London Stock Exchange

Asos has confirmed it will join the main London Stock Exchange from next Tuesday. The move ends 20 years of the online fashion brand trading its shares on the junior AIM stock market, which bosses have resisted leaving previously. ...

18 Feb 2022 at 14:55

Chicken Kiev renamed Kyiv by Sainsbury’s after Russia’s attack on Ukraine

Sainsbury’s is renaming Chicken Kievs to match the Ukrainian spelling of the country’s capital while JD Sports has become the latest British retailer to pull out of Russia after it launched the war in Ukraine. The supermarket ...

04 Mar 2022 at 14:25

City

Asos sinks to loss and reveals £14m expected hit from quitting Russia

Online fashion giant Asos has said it expects to take a £14 million hit from its decision to stop selling clothes in Russia, in response to the country’s invasion of Ukraine. The prediction comes as the retailer said it sank ...

12 Apr 2022 at 08:55

City

Online fashion firm Missguided collapses into administration

Fast fashion firm Missguided has fallen into administration after failing to secure a last-minute buyer. The business called in administrators from Teneo after it was issued with a winding-up petition by suppliers owed ...

31 May 2022 at 09:11

City

Asos warns over weak August sales as inflation weighs on shoppers

Asos has cautioned over profits after sales fell below expectations in August as consumers tightened their belts in response to rising bills. The online fashion giant said it saw “good growth” in June and July and ...

09 Sept 2022 at 09:39

City

Cost-of-living crisis to push more retailers to brink in 2023, warn experts

The cost-of-living crisis is set to result in further retail failures over the next year with larger firms positioned to snap up stricken competitors, according to retail experts. It comes after an increase in ...

27 Dec 2022 at 09:00

City

Asos reveals widened losses amid overhaul and slumping sales

Retailer Asos has said it slumped to a hefty half-year loss amid a major restructuring and sliding sales, as cash-strapped consumers cut back on their spending. Shares in the online fashion firm slumped 10% ...

10 May 2023 at 09:13

City

Asos expected to post loss as investors look for signs of growth

Online fashion giant Asos is expected to post another half-year loss and shareholders will hope for signs of improving demand from cash-strapped shoppers. It is among fast-fashion retailers to have become ...

07 May 2023 at 09:00

City

Asos expected to post loss as investors look for signs of growth

05 May 2023 at 13:28

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