Asos [IRDX RASO] this week reported sales up by almost a third in its latest quarter.
The fast fashion online retailer, ranked Leading in IRUK Top500 research, reported group sales of £675.8m in the four months to June 30 – 32% up on the same time last year, while retail sales of £660.1m were 44%.
Growth was slowest in the UK, where sales of £234.6m were 16% up on last time. But the US (+38%), EU (+41%) and rest of the world (+54%) markets showed stronger rises in sales. Overall, international retail sales were 44% up on last time.
Chief executive Nick Beighton said the company was confident of meeting expectations around full-year pre-tax profits in the full year and said that ongoing investment in customer proposition and price had…