ASOS Reports Retail Sales Up 47% in Q4

About The Authors

20th September 2013 11:48 - Retail

ASOS Plc recently reported that: retail sales in Q4 were up by half (47%); full year retail sales were up by two fifths (40%); and pre-tax profits are marginally above expectations. Furthermore, ASOS have reported that active customers at the yearend were up by two fifths (42%) year-on-year, to 7.1 million.

The online clothing and beauty retailer reported sales rose to £208 million in the three months to August 31, and to £753.8 million for the full year. In addition, EU retails sales grew the most in the final quarter, with a three quarter (73%) increase to £53 million.

US retail sales were the second biggest international gainer, with sales up three fifths (59%) to £20.9 million, and retail sales for the rest of the world up a quarter (26%). Overall, international sales were up half (47%) to £133.8 million in the final three months of its financial year, and 44% for the whole year.

Chief Executive Officer Nick Robertson said:

"International growth continues to be driven by the countries in which we have dedicated websites and in-country teams, and was particularly strong in Europe, driven by France, Germany, Italy and Spain. We also saw strong growth in the US and in Russia, following the launch of our Russian website."

Sign up for free insights from your sector…

Antispam code: 10817

Support Us..

We hope that you have found this article useful. This section is freely available for all to use. Please help support it by liking us or following us on our social media platforms:

Share this article..

For updated Retail insights please follow us on @DJS_Retail or use our RSS feed

Other Retail Research Findings

Other Latest Market Research Insights

© DJS Research 2017