Asos will both extend its return policy and make it stricter: from now on, customers will be able to send back their items 45 days after the initial purchase, but they won't get their money back. The British online fashion store will also respond more strongly to misuse.
» Read more
After issuing a profit warning, British online retailer Asos has lost nearly half of its stock value. November proved to be a particularly bad month: not just for Asos, but for the entire fashion industry.
» Read more
British clothing web shop Asos achieved tremendous growth across the European mainland and the United States in its fourth quarter. There was also strong growth in the United Kingdom, where its new, low-price strategy is paying off.
A British television show, Panorama, has shown that Syrian refugees - including many children - are working in Turkish clothing factories to create items for brands like Marks & Spencer and Asos.
Online retailer ASOS is currently facing a lot of criticism after a British MP demanded a investigation into XPO, one of its logistical subcontractors. According to the claim, working conditions would be appalling, a claim Asos vehemently denied.
British Asos has seen its turnover grow 30 % in the four months leading up to 30 June. It also seems to take advantage of the Brexit: a weaker pound has helped ignite international sales.
Online retailer Asos has decided to shut down its Chinese web shop after a series of disappointing results. At the same time, it will also shut down its Chinese distribution center and its Shanghai office. Customers can still turn to the Asos shop at Alibaba's online marketplace, Tmall.
Four online fashion retailers managed to surpass the 1 billion euro turnover in 2015: Zalando, Yoox Net-a-Porter, Vente-Privée and Asos. All of them have put additional growth on their forecast.