ASOS results could signal Brexit effect on sales

Online fashion firm ASOS will be looked to for any signs of a Brexit blow to retail sales amid concerns that shoppers took a cautious approach to spending in the run-up to the EU referendum.

The group booked a double-digit hike in half-year profits in April, after a bumper festive season helped UK retail sales lift by a quarter to £289.5m, while international sales were 24% higher at £359.1m.