GENERAL MERCHANDISE NEWS
ASOS has bumper Christmas
23 January, 2008 | by Retail Bulletin
Sales +86 per cent year on year for the 7 weeks to 20 January 2008
Sales for the 42 weeks to 20 January 2008 were a staggering 88% up year on year.Commenting on Christmas trading, Nick Robertson Chief Executive said ‘We had a cracking Christmas. Sales were ahead of internal forecasts, margin remained strong and our stock position healthy. I can confirm that we experienced no major delivery issues in the run up to Christmas. With sales for the 42 weeks to 20 January 2008 +88% year on year, our profit for the year to 31 March 2008 is likely to be significantly ahead of market expectations.’
