Brief: ASOS To Sell Lichfield Fulfilment Centre To M&S For 67.5 Mln Stg

Marks and Spencer

11/05/2026 07:13

May 11 (Reuters) - ASOS PLC ASOS.L:

DISPOSAL OF LICHFIELD FULFILMENT CENTRE

TO SELL LICHFIELD LEASEHOLD AND MACHINERY FOR £67.5M

EXPECTS NET SALE PROCEEDS OF AT LEAST £66M AND £6M ANNUAL CASH SAVINGS

EXPECTS ONE-OFF PBT OF £85M FROM DEAL

EXPECTS DEAL TO COMPLETE DURING H2 FY26

ATLANTA FULFILMENT CENTRE IS ONLY REMAINING NON-CORE ASSET

Source text: ID:nRSK7059Da

Further company coverage: ASOS.L

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