Boohoo’s recent General Meeting concluded with a decisive shareholder vote against proposals from Frasers Group, confirming the Manchester ecommerce group’s independent vision.63.77% of Boohoo shareholders voted…
Browsing: Asos
Asos and Adidas have teamed up for a unique fashion collection crafted in just three weeks, showcasing the agility of modern production.The collection, embodying Adidas’s sporty…
Asos is navigating a transformative journey to regain its market position through strategic initiatives focused on product relevance, collaboration, and customer loyalty.Increased pre-tax losses and declining…
Asos has come under scrutiny for increasing its CEO’s pay despite notable losses.José Antonio Ramos Calamonte, Asos CEO, received a substantial 44% pay rise during challenging…
José Antonio Ramos Calamonte, Asos CEO, experiences a 43% pay increase.Despite the pay rise, Asos reports substantial pre-tax losses.The company’s sales have dropped significantly by 18%.Calamonte…
Recent updates from major fashion retailers highlight varied strategies in a challenging market.Asos embraces a ‘test-and-react’ model to keep up with fast trends and reduce inventory…
In a recent development, Boohoo Group has responded to its major shareholder, Frasers Group, regarding their business strategies and conflicts of interest. The ongoing dispute highlights…
ASOS remains hopeful for a financial turnaround despite significant yearly losses, focusing on strategies that enhance profitability.By halving inventory since 2022, ASOS aims to improve profitability…
Asos remains optimistic about its financial turnaround, working through a significant £380m loss.The fashion retailer has cut inventory by half since 2022, focusing on full-price sales…
Asos faces a challenging period with an 18% drop in UK orders and declining revenues, yet remains optimistic about its strategic adjustments.The company’s full-year revenue fell…