Asos has said it is well placed to navigate upcoming changes to US trade tariffs, with CEO José Antonio Ramos Calamonte ...

Asos and Boohoo are to stick by their plans to close distribution sites in the US despite the imposition of President Donald Trump's tariffs.

In response to City AM, Asos affirmed that the Atlanta warehouse closure would continue in the second half of the year. Asos had projected a £10m to £20m boost to pre-tax earnings from 2026 in January ...

By mothball in Atlanta, this year ... One is the launch of our loyalty program, ASOS.WORLD. We have been testing it during the last months, and we will be launching it in the second half of ...

This year, £180mn was incurred as Asos abandoned an automated distribution centre in Atlanta. In both instances, historic hubris could be blamed, with the boom in sales experienced during the pandemic ...

Asos said its gross margin improved to 45.1% ... predominately due to the closure of a fulfilment centre in Atlanta. It faced property-related costs of GBP141.7 million a year ago related to ...

ASOS will therefore suspend operations at its Atlanta distribution centre in H2 FY25. The facility will be put on the market following the culmination of a multi-year warehouse automation project.

Asos warned it expects sales to come in at the ... range of products after it decided to mothball its warehouse in Atlanta, which it expects to boost underlying annual profits by £10m to £ ...