Friday 14th Jun 2019 - Logistics Manager Magazine

Viewing all articles tagged with ASOS

Transformation projects squeeze profits at ASOS

ASOS saw its profits squeezed in the first half by increased costs due to investment in logistics and IT combined with a fall in gross margins despite a strong increase in sales.

14 pc sales increase for ASOS

ASOS has seen a 14 per cent increase in its UK retail sales three months to 28 February and 13 per cent increase in total retail sales.

Tough November hits margins at ASOS

Discounting in fashion retail cut average basket values at ASOS, driving up variable costs through both its distribution and warehouse cost lines, the e-tailer said in a trading statement for the first three months of its financial year.

Doddle launches returns chatbot

Doddle, has launched a Facebook chatbot using artificial intelligence (AI) to ask customers for one or more pieces of data related to their return (a 30 second interaction) that also reduces the time a customer needs to spend in-store handing over the parcel to seconds.

ASOS boosts logistics investment to hit £4bn sales target

ASOS is accelerating its investment in distribution and logistics to create the capacity to reach £4 billion of net sales, chief executive Nick Beighton said as the company unveiled a 27 per cent increase in first half sales.

Returns: costs set to rise dramatically

Returns are a core part of the online retail proposition giving customers to the confidence to buy goods unseen. The trouble is that processing returns is expensive, and a new study suggests that increasing levels of returns are hitting margins.