Executives at U.K.-based online fashion retailer Asos PLC are set to visit Israel in January to meet with representatives from 20 local startups, Re:Tech a Tel Aviv-based retail-oriented startup hub announced Thursday.
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The delegation of marketing and technology executives will meet with startups working on various retail-related technologies including image and video processing, virtual and augmented reality, 3D printing, textile printing, industrial robots, user acquisition, and automatic content creation.
ASOS’ headquareters. Photo: Bloomberg
In June, Asos announced it is partnering with Re:Tech to scout for e-commerce and retail-related startups in Israel. In April, Asos announced a collaboration with Israeli fashion startup Zeekit Online Shopping Ltd., which develops a virtual fitting room for online retailers.
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Founded in 2000 and headquartered in London, Asos serves 18 million customers in 240 countries and territories, according to company statements. Earlier this month, Asos issued a severe profit warning bringing its stock down 37.5% to 26.14 pounds by Marked close, Dec. 17.