ASOS sales continue upward trend
14 July 2010 09:32
ASOS has produced another quarter of growth, despite an extra week of sale activity in the comparable period the previous year.
In the first quarter, ended June 30th, retail sales rose 54%, with group revenues up 48%. UK and international sales were strong, growing 32% and 111% respectively.
Nick Robertson, CEO, commented: "I am pleased to report our strong sales momentum continued through the first quarter. Our retail sales are up 54% over the period, despite the impact of an extra week of sale activity in the comparable period last year.
"UK sales continue to perform strongly, up 32% and international sales, which now represent 37% of the total, remain robust at 111%.
"It is too early in the financial year to assume that these levels of sales will continue for the remaining three quarters; however we remain confident that this year will be another year of excellent progress."
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