Following Asos and Boohoo’s decisions to mothball their US distribution centres, Drapers speaks with analysts and supply ...
Asos has confirmed that the migration of vintage and independent boutique sellers from its marketplace platform to its main ...
Britain’s ASOS Plc (ASOS.L) flagged a one-time impairment charge exceeding $200 million in fiscal 2025 due to the “mothballing” of its Atlanta distribution centre on Wednesday, as the online ...
Despite the expected loss, Asos emphasises that the closure will ensure sustainable growth from the 2026 fiscal year. The decision to close the Atlanta location follows the completion of a multi-year ...
Asos has announced a £200 million one-off impairment charge after deciding to mothball its major US warehouse near Atlanta, Georgia, in a move designed to cut costs and boost profitability. Later this ...
Investing.com -- ASOS (LON:ASOS) on Wednesday announced plans to mothball its Atlanta distribution center in the second half of 2025, marking a shift in the company’s logistics strategy in the U.S.
In Atlanta, several white men, Klansmen as it turned out, boarded the bus. James Peck is mobbed at the Birmingham Bus station, Alabama Credit: Bettmann Then in Aniston, Alabama, after one of the ...
The move will impact seven staff directly employed by Asos in the US and “several hundred” employed by logistics partners. It will look to offer affected US employees alternative roles where ...