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GXO extends partnership with ASOS to 2034 to support growth and enhance customer service.

Market News
11 Nov 2026, 10:00 WIB
GlobeNewsWire
View Source
Bullish
GXO extends partnership with ASOS to 2034 to support growth and enhance customer service.

GXO Logistics has renewed its contract with ASOS for nine more years, extending their partnership to 2034. This collaboration, ongoing since 2013, supports ASOS' e-commerce operations through advanced logistics, technology, and automation at a key UK hub. The renewal highlights GXO's role in helping ASOS meet evolving customer demands and maintain high service standards for over 16 million customers annually. The partnership also benefits the local economy by sustaining over 3,200 jobs in Barnsley and continuing community support initiatives.

GXO Logistics trades at USD 55.51 on Pluang as of Nov 11, 2026 15:11 WIB, down 1.02% for the day. The extension of GXO's partnership with ASOS through 2034 underscores the company's ongoing role in logistics innovation and service for a major e-commerce player. GXO's market cap stands at $6.34 billion, reflecting investor valuation amid this long-term contract news.

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