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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 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 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 axe more than 200 head office jobs
Asos could reportedly axe over 200 jobs at its head office as it mulls a restructuring amid recent heavy losses at the company. According to The Mirror, head office employees now face job losses as the company is looking to streamline the business in a bid to return to profit.
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".
16d
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 ...
9h
The ‘optical illusion’ trend celebs like Molly-Mae and Rihanna are loving in autumn – you can recreate with £11 ASOS buy
IF Hollywood movies are anything to go by, kids get bullied at school for wearing glasses. But a whole host of celebrities ...
19d
on MSN
Asos rejected £215m Topshop offer from Shein in favour of lower bid
Online clothing retailer Asos had declined a much higher bid for Topshop and Topman from fast fashion giant Shein in favour ...
22d
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 ...
voguebusiness
7h
How can we make fashion retail safe for women?
Harrods says it’s a different organisation today to the one that enabled former owner Mohamed Al Fayed to prey on his victims ...
2d
Join today’s webinar: A guide to TikTok Shop with Asos, Kaiia and TikTok
This afternoon's Drapers Connects webinar will help brands and retailers of all sizes build winning social commerce ...
4d
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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