Online clothing firm ASOS posted a 66% rise in half year profit and enviable sales growth as strong overseas demand overshadowed a weaker UK performance.
The group, which sells fashion to 16-34 year olds, said profit before tax and exceptional items rose to £11.7m for the 6 months ended 30 September 2011 from £7m the year before. Revenue rose 56% to £217.3m. Gross margins increased 10 basis points.
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