Britain's ASOS on Wednesday laid out a plan to restructure its business by merging its commercial and customer functions as the retailer navigates a tough business environment.
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 January, the company said it would take a one-time impairment charge exceeding $200 million in fiscal 2025 due to the "mothballing" of its Atlanta distribution centre. ASOS also said it would ...