ASOS record massive profits

Karin Strohecker, Reuters

ASOS record massive profits

ASOS, which sells cheaper versions of garments worn by celebrities such as Paris Hilton and Mischa Barton on its Web site www.asos.com, said on Monday sales rose to £12.8 million (E18.64 million) in the year to end-March 31.

Profit before tax and goodwill amortisation rose 77% to £1.1 million.

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