Online fashion retailer ASOS warns on profit after weak August

The company said its sales measured in constant currency for the year to the end of August would rise by about 2%, while its net debt would be about €174m

"After having seen good growth in June and July, sales in August were weaker than anticipated," the online retailer said on Friday. Picture: Chris Ratcliffe/Bloomberg

British online fashion retailer ASOS said sales in August were weaker than expected amid pressure on consumers and its full-year profit would as a result be around the bottom of its guidance.

"After having seen good growth in June and July, sales in August were weaker than anticipated," it said on Friday.