ASOS upbeat as profits rise

UK online fashion retailer ASOS - As Seen On Screen - brushed aside the consumer fears plaguing high street rivals today as it reported a 44% rise in profits and predicted better growth this year.

ASOS upbeat as profits rise

UK online fashion retailer ASOS - As Seen On Screen - brushed aside the consumer fears plaguing high street rivals today as it reported a 44% rise in profits and predicted better growth this year.

Nick Robertson, chief executive of ASOS, said the shift towards internet shopping among young fashion consumers was “bigger than the economic cycle”.

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