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The Latest Breaking News from Asos

Manchester city centre's best outfits - Adidas, Boohoo, Netflix... and Stockport

This week's Steal Their Style

Manchester Evening News

What to buy the woman in your life for Christmas? 2022 gift ideas for women under €100

Here’s a roundup of our best gift ideas under €100, with something for everyone

Irish Mirror

ASOS to axe 100 jobs as part of huge cost-cutting plan - after making £32million loss

Online fashion retailer ASOS is axeing more than 100 roles after the cost of living crisis meant the firm made a £32million loss, with affected staff now in a 45-day consultation period

Daily Mirror

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Best plus size party dresses of 2022 for the Christmas season and beyond

A wardrobe that’ll get the party started

Evening Standard

Frasers Group increases stakes in Asos and Hugo Boss

Sports Direct and Flannels owner has ambitions to grow inside and outside of the UK

Birmingham Post

Mike Ashley's Frasers Raises Hugo Boss Exposure and Buys ASOS Stake

Mike Ashley's Frasers Group has increased its maximum exposure to German fashion house Hugo Boss to 840 million pounds ($954 million) and has built a more than 5% stake in struggling British online fashion retailer ASOS. Frasers, formerly called Sports Direct, is on a drive to move upmarket and said…

Asharq Al-Awsat

Frasers builds 5% stake in Asos to become fourth-largest investor

Mike Ashley’s increased holding comes after online retailer reported slowing sales and full-year loss

The Guardian - UK

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Woman in hysterics over photo Evri delivery driver left as proof of postage

A woman has taken to Reddit to share the hilarious photo her Evri delivery driver left when dropping her ASOS parcel off at her house - she joked about her dog accepting the package on her behalf

Daily Mirror

ASOS planning to open 'pop-up' high-street store to sell clothes at a discount

Sources close to the fast-fashion brand said it is considering opening up a 'temporary, pop-up outlet'.

Daily Record

Asos’s global overstretch shows in share price and operating profits plunge

Long-term shareholders would be immeasurably richer if Asos had stayed in the UK, its ‘core operation’

The Guardian - UK

Shopper vows never to buy from ASOS again after spotting 'blood stain' on new trousers

A 16-year-old student has vowed never to shop at ASOS again after allegedly discovering what she believes to be a 'period blood stain' on the crotch of her new trousers

Daily Mirror

ASOS: What went wrong at the fast fashion house?

Can the new CEO save the company that was once a stock market darling?

Evening Standard

ASOS planning to open shop on the high street to sell clothes at a discount

Online-only clothes retailer ASOS could open a pop-up store to sell out-of-season clothes at a steep discount, as the firm announced big losses due to the cost of living crisis

Daily Mirror

Asos posts annual loss and warns of 'incredibly challenging' market as consumers cut back on spending

Trading has remained volatile since year end

Insider UK

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Asharq Al-Awsat

ASOS Warns on Outlook as Consumers Feel Inflation Pain

British online fashion retailer ASOS said it needed to rebuild its once-successful business model after it reported an 89% drop in 2021-22 profit and forecast a loss in the first half, due to a rapidly deflating economy. The group, whose shares have fallen 80% this year, made adjusted profit before…

The Guardian - UK

Asos to write off stock and cut costs as shoppers rein in spending on fashion

Online retailer reports disappointing sales growth and £32m pre-tax losses as it agrees £650m banking facility

Evening Standard

Asos promises “culture reset” as it tries to turn itself around

Asos reckons its mostly young clientele – many of whom live with parents so don’t pay mortgages or fuel bills – should manage the cost-of-living crisis better than most.

Evening Standard

‘Big ticket’ retailers face difficult months ahead

Retailers selling non-essential items are suffering amid plummeting consumer confidence

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news in one place.

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The Guardian - UK

Asos shares plunge as it confirms talks with lenders over borrowing

Online fashion retailer says it is in ‘final stages’ of agreeing new terms for £350m loan facility

Daily Record

Sunday headlines: Huge fire breaks out in Glasgow and Rangers fan who broke woman's leg avoids jail

Here are the main headlines on the Daily Record website today.

Daily Record

Mum stunned as ASOS wedding outfit left her feeling 'like a half-opened present'

The mum says she had been at her 'absolute wit's end' after repeatedly ordering and returning outfits, until she finally found one on ASOS.

Asharq Al-Awsat

ASOS in Talks With Lenders to Amend Terms of $391 Million Facility

British online fashion retailer ASOS is in talks with lenders to amend the terms of its 350 million pound ($391 million) borrowing facility, it said on Saturday. “ASOS ...

Evening Standard

Asos seeks £350 million credit boost to avoid financial buffers

Fast fashion retailer has been in talks with high-profile lenders to shore up financial position

Manchester Evening News

Mum mortified after ASOS wedding outfit leaves her looking like a 'half-opened present'

Hairdresser Suzannah Smith was left stunned when the £123 purchase arrived

Evening Standard

From ASOS to designer rentals: Here’s where to shop affordable skiwear

How to be chic on the slopes without breaking the bank

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People

José Antonio Ramos Calamonte

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Megan Shaw

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