Overseas sales boost ASOS growth

Online fashion retailer ASOS maintained its rapid rate of growth today after revealing a 41% jump in annual profits to £28.6m (€32.4m).

Overseas sales boost ASOS growth
Thu, 02 Jun, 2011 - 12:42

Online fashion retailer ASOS maintained its rapid rate of growth today after revealing a 41% jump in annual profits to £28.6m (€32.4m).

The business, which was founded in 2000 and targets 16-34 year olds with clothes and accessories styled on those worn by celebrities, said overseas trade accounted for 43% of its £324m (€367m) in sales in the year to March 31.

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