Asos

Asos has signed a new three-year agreement with Microsoft to drive operational efficiency using artificial intelligence (AI).

Senior leaders from N Brown, Asos, Schuh and EXL highlight the key pieces of tech fashion retailers should be harnessing to future-proof their business in the next Drapers Talks episode.

Today (31 July), Asos reopens its London headquarters' showroom, which has been fully renovated to host events and content creation opportunities. Drapers takes an exclusive first look inside.

Asos has confirmed the departure of Clifford Cohen, executive vice president of technology, who was succeeded by Hugh Williams on an interim basis.

Asos has told staff that virtual meetings are “detrimental” to company performance as it encourages them to follow its return-to-work policy.

Asos has entered into a long-term licensing agreement in India with Reliance Retail, which will act as the exclusive retail partner across all of the etailer’s online and offline channels in the country.

Asos has appointed ex-Matches CFO Dave Murray to the role of chief financial officer, as the etailer today (17 April) posted a year-on-year revenue decline of 18%  in its interim results.

The Competition and Markets Authority (CMA) reported on its investigation into potential greenwashing at Asos, Boohoo Group and George at Asda today (27 March).

Asos has reported a 18% sales drop for the 26 weeks to 3 March 2024, but said free cash flow has improved by c.£240m year on year.

Drapers’ exclusive research shows that the number of female board members at FTSE and Aim fashion companies has improved, but there has been a decline in those in executive roles.