RE: Asos fulfilment19 Oct 2022 10:32
1pencil I read the Asos update this morning and thought exactly the same in that it has THG Ingenuity written all over it. particularly with the data, diagnostics, digital improvements and efficient logistics required.
"New CEO now in place with a diagnostic of the issues ASOS faces including: international operations that have lagged expectations on ROIC, particularly in the US; a need to review and renew the customer acquisition and commercial model; a supply chain operation which has become inefficient in the face of supply chain disruption and macroeconomic challenges; the need to better leverage data and digital improvements to successfully engage the customer; and the need to strengthen the leadership team and refresh the company culture"