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“The pace of change in logistics and technology is faster than ever before.”

So said CEO Nick Beighton as he announced online retailer ASOS’s year-end profit before tax of £32.7m, on revenue of £1.4bn – and a review of its upstream supply chain and US delivery network.

Retail sales at the clothing company, which focuses on millennials, grew 26%, with strong performances in the UK (up 27%), US (+50%) and EU (+28%).  Similar growth is expected this year.

ASOS has discontinued its China operation.

Its supply chain operations ...

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