ASOS sales get party-season boost

Fashion firm ASOS hailed “another strong Christmas” as it added to the list of online retail winners after posting a 38% hike in sales.

The group rung up retail revenues of £335.7m in the four months to December 31, with analysts expecting the firm to smash through its £1bn turnover target by the end of August.

ASOS – targeted at ”fashion forward twenty somethings” – said UK sales were particularly robust, beating its performance from a year earlier with growth of 37%, while international revenues lifted 38%.

The group saw the number of active customers grow to 7.9 million at the end of 2013, up 41% year-on-year.

Nick Robertson, chief executive of ASOS, said: “We have enjoyed another strong Christmas and made a good start to the financial year.”

Its performance provides a further sign that the Christmas season was a stellar one for online retailers and those with a strong internet presence.