Asos has appointed Maersk as its strategic logistics partner for supply chain management.
Under the new agreement Maersk and the online fashion retailer will partner on supply chain management along with ocean and air services into all fulfilment centres globally.
The companies first started working together during the pandemic when Maersk supported Asos during constrained market conditions.
Commenting on the news David Flavell, head of supply chain at Asos, said: “Over a short period ASOS has built a robust strategic relationship with Maersk, bringing together two leading businesses.
Asos recently revealed that revenue declined by four pe cent in the last few months of 2022 due to “challenging trading conditions.” Sales dropped by eight per cent in the UK due to “weak consumer sentiment.”
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Supplying demand: how fashion retailers can meet the needs of customers and still be sustainable
The fashion industry is no stranger to breaking the mould and setting trends, but the pursuit of style can come at a huge cost to the environment.
New legislation, such as the European Union's Ecodesign for Sustainable Products Regulation, will set mandatory minimums for the inclusion of recycled fibres in textiles, making them longer-lasting and easier to repair.
New legislation, such as the European Union's Ecodesign for Sustainable Products Regulation, will set mandatory minimums for the inclusion of recycled fibres in textiles, making them longer-lasting and easier to repair.
The Very Group
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