ASOS sees sales jump 59%
19 January 2011 10:20
ASOS has reported that sales in the third quarter leapt 59% year-on-year, with international sales leading the way with an increase of 156%, whilst UK sales continued its strong growth with sales up 23%.
Nick Robertson, CEO, commented: "I am pleased to report on another very strong quarter with retail sales growth accelerating to 59%, up from 50% in the first half.
Our UK business grew 23% and our International business grew 156%, helped by the introduction of our US, French and German websites in October 2010 and a free global shipping offer in the run up to Christmas.
International sales now represent 44% of the total up from 37% in the first half. With international sales continuing to perform well, we remain confident about the outlook and expect our full-year results to be in line with market expectations."
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