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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".
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 ...
21 Ninety on MSN
1d
2024 Fall Fashion Trends You Need to Try
Fall is here. For many, the mark of the crisp season means new fashion trends to embrace. The fall 2024 runway cycle ...
13h
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 ...
voguebusiness
11h
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 ...
4d
on MSN
Mike Ashley's Frasers Group sells chunk of Asos stake after Topshop deal spike
The retail empire has cut its holdings in the online fashion giant to 21.1 per cent from 24.3 per cent, according to a new ...
7d
ASOS's 'great value' £95 beauty advent calendar tops them all - and here's why
I've opened my fair share of beauty advent calendars in my time, and ASOS's affordable festive offering is up there with the ...
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 ...
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