Asos changes gear on distribution: smart move or strategic error?
UK fashion etailer Asos has switched distribution gears – and will now send US orders ...
UK fashion e-tailer ASOS has said that it remains committed to its infrastructure investment plan both at home and abroad, despite seeing returns from international sales decline markedly in the quarter.
In a trading update delivered to investors last week, chief executive Nick Robertson said the company had been hit by strengthening sterling, which had eroded the price competitiveness of its products, particularly in markets outside the UK and Europe.
International sales, not including the US and Europe, grew by just 1% ...
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