Jan 16, 2025 · In addition, Asos said it will work with logistics partners to redeploy hundreds of employees from Atlanta to nearby locations. The move means Asos expects to see a one-off drop of around 190 million pounds in reported profits in fiscal 2025, and then cut profits by between £10 million and £20 million annually from fiscal 2026.

Jan 22, 2025 · Last week (15 January), Asos announced it will stop using its Atlanta distribution centre and fulfil US orders with its automated warehouse in Barnsley, UK, and a smaller US site. It plans to market the Atlanta facility, which has gone through a warehouse automation project since 2017, after the closure later this year.

Jan 15, 2025 · ASOS PLC (LSE:ASC) has unveiled plans to shut its Atlanta distribution centre in the US under wider efforts to boost profitability. US customers will be served by ASOS’ automated UK fulfilment centre in Barnsley, a smaller local site and partners, the online clothing retailer announced on Wednesday.

Jan 15, 2025 · Britain's ASOS Plc 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 fashion...

Jan 15, 2025 · From late this year, US customers will be served from Asos’ automated UK fulfilment centre in Barnsley, and through a “smaller, more flexible local US site”, the company said. The Atlanta...

Jan 15, 2025 · 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...

Jan 15, 2025 · Learn about ASOS's strategic decision to close its Atlanta distribution center, shifting focus to streamline operations and improve profitability in the U.S. market.

Jan 15, 2025 · UK companies have opened US distribution centres to grow their businesses but it hasn’t always worked out. Dr Martens has had well-publicised issues, while Boohoo last year stopped supplying US customers from its US hub. Now ASOS is partly doing the same, although it will retain a small US facility.

Jan 15, 2025 · UK firms' US distribution centres haven't always been successful, just ask Dr Martens and Boohoo. Now ASOS is mothballing its Atlanta hub, although it will retain a small US facility.

Jan 15, 2025 · Asos plans to “mothball” its Atlanta distribution centre in the second half of this year, with US orders processed by its UK operations, as the etailer looks to lower costs. Its automated UK fulfilment centre in Barnsley will be used for US customer orders, with a smaller, “more flexible” local US site also harnessed.