Retail news
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Online "ethical" retailer to join AIM
- Posted:
- 06 November 2007 10:04
Adili, an online "ethical" retailer, co-founded by former ASOS director Quentin Griffiths, has announced plans to launch on the junior AIM market just one year after it first began trading. The company will use the proceeds to fund expansion and develop own-label merchandise.The company was set up last year to ...read more
Lookalike fashion pays off for ASOS
- Posted:
- 03 October 2007 09:39
ASOS has reported yet another period of massive growth, with sales at the website up 80% for the six months to September 30th. In addition, the company announced that profits before tax were likely to be ahead of market expectations. However, Nick Robertson, chief executive, was cautious over future trading: ...read more
ASOS announces record results
- Posted:
- 10 July 2007 09:47
ASOS has announced another set of record results for the year ended March 31st. Although the comparative period was impacted by the Buncefield fuel depot explosion, revenue increased by 116% to 42.6 million and group pre-tax profit was up 144% to £3.4 million. In current trading, revenues for the 13 ...read more
ASOS sales jump 111%
- Posted:
- 30 April 2007 09:00
ASOS has announced an impressive 111% increase in sales for the year to March 31st, with total sales at £38.4 million, although set against poor comparative results last year. Group profit before tax and exceptional items is also expected to be slightly ahead of market expectations when the official results ...read more
ASOS Entertainment Marketing to close
- Posted:
- 02 February 2007 09:43
ASOS has announced that it is to close its marketing services business, Entertainment Marketing Limited. The closure will generate a one-off non cash charge of £188,810 in the company’s financial year ended March 31st, when the division will close. Additional costs are expected to total £50,000. In the year ended ...read more
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