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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.
In response to City AM, Asos confirmed that it will continue to close its Atlanta warehouse in the second half of the year. In January, Asos said it expected a £10m to £20m benefit to pre-tax earnings ...
Asos has said it is well placed to navigate upcoming changes to US trade tariffs, with CEO José Antonio Ramos Calamonte ...
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% from 40.0% due to "lower markdown activity and higher full-price mix". Cost of sales fell 21% to GBP712.8 million from GBP903.5 million. "Total fixed costs ...
Asos and Boohoo are to stick to their plans despite Donald Trump’s tariffs. (Photo by Andrew Harnik/Getty Images) Asos is to continue with its plan to close its distribution centre in Georgia ...