Online fashion retailer ASOS revealed a 33 percent increase in fourth quarter revenue and says it remains confident of reporting full year pre-tax profit in line with company expectations.
Group revenue increased to £127.1m in the three months ended 31 March 2012 compared to £96m the same period a year earlier.
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
CEO Nick Robertson said he was pleased with the group's fourth quarter performance for both its UK and International businesses against particularly strong year on year comparatives.
ASOS, which has started new websites in Italy, Spain and Australia concluded, "We remain committed to our global expansion plans and approach the new financial year with confidence."
The aim-listed firm said retail gross margin is significantly ahead year on year.
CJ
-
Two thirds of easy access savings accounts come with restrictions – can you access your savings in an emergency?Out of the top 30 easy access savings on the market, 22 come with some sort of restriction on how fast you can access your money, according to new research.
-
Most popular London boroughs: Full list of in-demand places to move toA deluge of people move to or within Britain’s capital each year – but which area is the most popular? We look at the most in-demand London boroughs in 2025.
