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Asos CEO says turnaround is 'well underway’ and eyes growth

Summary by Drapers

Drapers Asos CEO says turnaround is ‘well underway’ and eyes growth Asos CEO José Antonio Ramos Calamonte said the online fashion retailer’s three-year turnaround is “well underway” as full-year profitability improved and gross margin rose 370 basis points to 47.1%.The post Asos CEO says turnaround is ‘well underway’ and eyes growth appeared first on Drapers.

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retaildetail.eu

"New Asos" emerges after "painful reset" - RetailDetail EU

Asos saw its sales decrease again, but was able to earn significantly higher profits and therefore claims to be at a turning point in its turnaround. The online fashion retailer now presents itself as a “new Asos”.

18 hours ago

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