Belfast Telegraph

Wednesday 16 April 2014

ASOS on track to hit £1bn target

ASOS reported a double-digit hike in profits as the online fashion retailer said it remained on track to reach a £1bn sales target. Its customers in the UK splashed out £30m more on fashion in the six months to the end of February than they did the year before, according to the firm's latest results. The sales boost helped profits leap by 11% to £25.6m.

ASOS reported a double-digit hike in profits as the online fashion retailer said it remained on track to reach a £1bn sales target. Its customers in the UK splashed out £30m more on fashion in the six months to the end of February than they did the year before, according to the firm's latest results. The sales boost helped profits leap by 11% to £25.6m.