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Asos reports online sales up 30%

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Online fashion retailer Asos has reported an increase in sales of nearly a third for the Christmas and New Year shopping period.

Sales were up 30% year on year for the five weeks to 3 January and were up 42% year on year for the 42 weeks to 17 January. The retailer now has 1.5 million active customers, up 25% on a year ago.

“I am pleased to report another excellent Christmas for Asos,” says Nick Robertson, the etailer’s chief executive. “Sales and margin were both strong and we exited the Christmas period with a clean stock position. We continue to trade in line with the board’s expectation and remain confident for the outcome for the full year.”

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