ASOS Marketplace: Third-Party Brand Perspective
Former Trading Director at ASOS & Current Ann Summers Director
inpractise.com/articles/asos-marketplace-third-party-brand-perspective
ASOS Marketplace: Third-Party Brand Perspective(November 4, 2022)
Former Trading Director at ASOS & Current Ann Summers Director
Interview Transcript
This is a snippet of the transcript, sign up to read more.
Yes, that’s true and it’s happened incredibly swiftly as well. I think that amongst that rubble, there might be some opportunity but I guess we’ll find that out. I know that in your role at Ann Summers, you still come into contact with ASOS quite a lot; are they one of your bigger channels?
They are my biggest third-party partner and they are absolutely killing my third-party business at the moment. They are not taking any deliveries. I think we released some last week. I think part of their problem is that they phased all of our stock back. We do pre-orders with them; they book stock with us and we book that with our supplier. It comes in at the same time as my stock comes in for my own channels. What we are finding with ASOS is that they have phased all the stock back so they are not taking it in. When I was there, one of the things I was adamant about is that I needed stock so that when the third-party brand went live with it, I was live with it as well. I want to be first to market. Now, they are at least three months behind me. I have stockpiles now that they won’t even take in from me for another three months. They’ve even phased some stock until next season.
This is a snippet of the transcript, sign up to read more.
Related Content
Boohoo & UK Online Fashion
Former Director at Boohoo
ASOS & UK Fast Fashion Manufacturing and Supplier Operations
Managing Director at ASOS Supplier
Weekly Update: Howden Joinery, Wren Kitchens, and HWDN in France
The Evolution of Buying and Merchandising Functions in Mid-Market Fashion Retail
Former Head of Buying at New Look
Copyright Notice
This document may not be reproduced, distributed, or transmitted in any form or by any means including resale of any part, unauthorised distribution to a third party or other electronic methods, without the prior written permission of IP 1 Ltd.
IP 1 Ltd, trading as In Practise (herein referred to as "IP") is a company registered in England and Wales and is not a registered investment advisor or broker-dealer, and is not licensed nor qualified to provide investment advice.
In Practise reserves all copyright, intellectual and other property rights in the Content. The information published in this transcript (“Content”) is for information purposes only and should not be used as the sole basis for making any investment decision. Information provided by IP is to be used as an educational tool and nothing in this Content shall be construed as an offer, recommendation or solicitation regarding any financial product, service or management of investments or securities. The views of the executive expressed in the Content are those of the expert and they are not endorsed by, nor do they represent the opinion of In Practise. In Practise makes no representations and accepts no liability for the Content or for any errors, omissions, or inaccuracies will in no way be held liable for any potential or actual violations of laws, including without limitation any securities laws, based on Information sent to you by In Practise.
© 2024 IP 1 Ltd. All rights reserved.