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Boohoo dropped by Next, Asos and Zalando over exploitation claims

2020-07-07 20:27:21| BBC News | Business | UK Edition

Three major online retailers have dropped Boohoo over allegations of low pay and unsafe conditions.

Tags: over claims dropped exploitation

 

Asos scales up use of augmented reality to weather Covid-19 storm

2020-05-05 18:41:00| Daily apparel & textile news and comment - from just-style.com

UK online fashion retailer Asos is ramping up its use of augmented reality (AR) technology to simulate real-life model photography in response to the Covid-19 pandemic.

Tags: weather reality storm scales

 
 

Asos in "better position" over peers to weather virus storm - What the analysts say

2020-04-08 14:01:00| Daily apparel & textile news and comment - from just-style.com

UK online fashion retailer Asos has posted a 653% jump in first-half profits to GBP30.1m (US$37.2m) and a 21% jump in revenues to GBP1.6bn for the six months ending 29 February. But the impact of coronavirus and the related containment actions that have been taken are starting to weigh on its numbers, with a 20-25% drop in sales over the last three weeks alone. The retailer has taken a series of steps to future-proof its business including a share sale and the appointment of a new chief strategy officer. 

Tags: the what say position

 

Asos posts "record" H1 profits but virus impact starting to weigh on sales

2020-04-08 12:47:00| Daily apparel & textile news and comment - from just-style.com

Asos has posted record first-half revenues and profits, but the impact of coronavirus on the most recent three weeks of trading has prompted the UK online fashion retailer to conduct a share sale to shore up its finances, from which it has raised GBP247m (US$306m).

Tags: on sales posts record

 

Coronavirus: ASOS denies claims staff are unsafe at work during outbreak

2020-04-01 02:14:49| BBC News | Business | UK Edition

The clothing brand says a claim it is "playing Russian roulette with peoples lives" is nonsense.

Tags: work during staff claims

 

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