It has been reported that Asos is planning for a fifth warehouse in order to cut delivery times for customers.
The company told investors this month that it was in the “early planning stages” of its fifth fulfilment centre, which will most likely be located in Europe, The Daily Telegraph has reported.
Mathew Dunn, Asos finance chief, said the move would allow Asos to reach over £6bn in capacity by the end of 2023. It already has depots in the UK, Germany and the US, with its warehouse in Lichfield expected to open next year.
It is working on balancing its sea, air and road freight due to increased costs caused by disruption from the pandemic on global supply chains. It introduced more routes by sea to reduce its reliance on premium air freight, it said.
To manage the increased lead time from the UK to Europe due to Brexit, the company is also using additional ports for entry into the EU to reduce custom waiting times. The aim is to return lead times to four days from eight currently.
It also told investors that the HGV driver shortage in the UK is not impacting day-to-day business.
