Asos

Buy. Return. Repeat … What really happens when we send back unwanted clothes?
The rise and rise of online fashion stores – and their generous returns policies – has created a new industry dedicated to dealing with our unwanted clothes. But what damage is being done – to our planet and to retailers – by our boomerang shopping habits?
Amelia Tait
31, Mar, 2023 @10:00 AM

Five things we learned from Britons’ Christmas shopping
Online specialists took a hit, inflation is good and bad, and not everyone is skint – but they are nervous
Sarah Butler
13, Jan, 2023 @1:14 PM

UK energy bills forecast to fall further in July; US inflation rate drops – as it happened
Investec predict UK energy bills will average £2,500/year in the second half of 2023 year, as US consumer price index falls to 6.5% in year to December
Graeme Wearden
12, Jan, 2023 @3:49 PM

M&S enjoys a bumper Christmas with best ever food sales
Retailer boasts biggest share of clothing and homeware market in seven years, as Tesco hails festive boom
Sarah Butler
12, Jan, 2023 @8:32 AM

UK retailers see 50% rise in Boxing Day shoppers over last year’s figures
Better-than-expected numbers after 2021’s Covid-hit Christmas remain well below pre-pandemic levels
Sarah Butler
26, Dec, 2022 @4:30 PM

UK retailers launch discounting blitz after month of falling sales
Up to 50% discounts as cost of living crisis hits shopping budgets and mild weather leaves winter styles unsold
Sarah Butler
28, Nov, 2022 @4:57 PM

Frasers builds 5% stake in Asos to become fourth-largest investor
Mike Ashley’s increased holding comes after online retailer reported slowing sales and full-year loss
Joanna Partridge
23, Oct, 2022 @1:25 PM

Asos’s global overstretch shows in share price and operating profits plunge
Long-term shareholders would be immeasurably richer if Asos had stayed in the UK, its ‘core operation’
Nils Pratley
19, Oct, 2022 @5:46 PM

Asos to write off stock and cut costs as shoppers rein in spending on fashion
Online retailer reports disappointing sales growth and £32m pre-tax losses as it agrees £650m banking facility
Sarah Butler
19, Oct, 2022 @7:48 AM

Asos shares plunge as it confirms talks with lenders over borrowing
Online fashion retailer says it is in ‘final stages’ of agreeing new terms for £350m loan facility
Joe Middleton
17, Oct, 2022 @12:41 PM

Asos sales weaker than expected as cost of living crisis bites
August slump forces online fashion retailer to downgrade annual growth forecast to about 2%
Mark Sweney
09, Sep, 2022 @8:39 AM

Asos, Boohoo and George at Asda investigated over eco-friendly claims
UK regulator will scrutinise brands to discover whether sustainability claims constitute greenwashing
Rupert Neate and Sarah Butler
29, Jul, 2022 @8:14 AM
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