THE RETAIL BULLETIN - The home of retail news
HOME
RETAIL NEWS
RETAIL EVENTS
Fashion
Department Stores
Shopping Centres & Retail Parks
Home & DIY
Electricals
Health & Beauty
General Merchandise
Entertainment
Sports & Leisure
Retail Solutions
Food & Drink
Interviews
RETAIL INSIGHTS
RETAIL SOLUTIONS
ABOUT US
CONTACT US
SUBSCRIBE FOR FREE
Asos sales boosted by strong international performance

Asos, the online fashion and beauty retailer, has reported a 31% increase in sales in its fourth quarter as the company’s international business continues its strong performance.

CITY & CORPORATE

Asos sales boosted by strong international performance

Asos, the online fashion and beauty retailer, has reported a 31% increase in sales in its fourth quarter as the company’s international business continues its strong performance.

In the three months to end August, total retail sales grew to £145.2 million, as sales in the UK rose 15% and international sales increased by 42%. Asos said international sales now make up 65% of its total business, up from 60% last year.

Retail sales for the full year to the end of August increased by 38% to £538 million.
Chief executive Nick Robertson said,"Profit for the five months ended August 31 and pro forma full year, are expected to be in line with expectations, and we approach our new financial year with continued confidence."

The company said its retail gross margin was up 70bps on the previous year, while the number of active customers rose by 35% to 5 million by the end of August.

Don't miss the Retail Bulletin's 2nd International Expansion Conference 26th March 2013. If you are interested in attending as a delegate, sponor or speaker, please click here

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News

RETAIL EVENTS

Omnichannel Futures Conference 2019
Omnichannel Futures Conference 2019
6 February 2019
Cavendish Conference Centre, London WG1 9DT
A truly omnichannel offering requires an understanding of customer behaviour across all shopping channels and how this should impact your overall business strategy
Customer Engagement Conference 2019
Customer Engagement Conference 2019
5 June 2019
Cavendish Conference Centre, London W1
The 10th Annual Retail Customer Engagement Summit
The HR Summit 2019
The HR Summit 2019
Tuesday 8 October 2019
The Cavendish Conference Centre, London W1
The 11th HR Summit 2019, The Cavendish Conference Centre, London W1, 8 October 2019
AI in Retail Conference 2019
AI in Retail Conference 2019
16 October 2019
Cavendish Conference Center, 22 Duchess Mews, London W1G 9DT
Digitally native competitors and demanding customers are forcing a new perspective in retail. AI and machine learning can help you step up to the challenges; and some ‚Äėsmall and beautiful‚Äô solutions can increase your conversion rates within just a few weeks.
Payment Roundtable 2019
Payment Roundtable 2019
6 February 2019
The Cavendish Conference Centre, 22 Duchess Mews, London W1G 9DT
The Retail Bulletin Payment Roundtable will raise debate and discussion centred on but not exclusive to improving the in-store payment process