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Asos Adds 120 Brands as ‘Lockdown’ Categories Drive Growth

COVID-19 recovery is on the horizon but the pandemic's impact on sustainability, retail, product development and consumer buying patterns means the denim industry must evolve. Join Rivet on April 20th at 11 am ET for the COVID, One Year Later roundtable.

Two months after acquiring a number of major British fashion brands in a February mega-deal, Asos reported adjusted pretax profit of 112.9 million pounds ($155.1 million) in the first half of 2020, a 275 percent jump over the 30.1 million pounds ($41.4 million) generated in the same period 12 months earlier. During the half, revenues…

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