Retailer Asos Boosts U.K. Sourcing After Pound’s Brexit Fall
- Fashion site to add 1,500 workers at London headquarters
- Asos trains workers as Britain’s apparel skills deteriorate
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Asos Plc, Britain’s largest online-only fashion retailer, plans to double its U.K. manufacturing as the pound’s post-Brexit plunge makes domestic production more affordable.
The company, which sells own-brand fashions alongside wares from the likes of Abercrombie & Fitch Co. and Calvin Klein Inc., will open more plants in Britain over the next three to four years to support its expansion plans, Chief Executive Officer Nick Beighton said in an interview Monday. It currently makes about 4 percent of its products at two factories in London.