October 28, 2021

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Asos mulls restructure of Arcadia teams

It is unclear accurately what the proposal involves or how quite a few roles could be impacted.

In February, the etailer procured Arcadia’s Topshop/Topman, Skip Selfridge and HIIT brands, for £265m. At the time, all over three hundred staff members throughout layout, getting and retail partnerships transferred to Asos.

Many sources have instructed Drapers the business introduced team on when the offer done and is now taking into consideration rationalising the headcount.

“It was fairly a rapid sale. At the time the offer was in all probability about using everyone on and then producing efficiencies later,” one particular headhunter said.

One more included: “They are determining who they want or have to have.”

Asos declined to comment.