Absrtact: Britain's largest fashion apparel electric dealer Asos today's updated holiday season sales figures show a slight improvement over the first quarter. In the first nine weeks up to January 9, 2015, retail sales grew 15% per cent year-on-year, mainly by a 27% increase in the UK home market.
Britain's biggest fashion apparel electric dealer Asos today's updated holiday season sales figures show a slight improvement over the first quarter.
In the first nine weeks of January 9, 2015, retail sales grew 15% per cent year-on-year, mainly by 27% of the UK home market, while international sales recovered after a quarterly setback of 2%, rising by 5% a year, indicating that regional pricing began to work. But international sales fell to 51% from 56% a year earlier.
Retail gross profit margins continued to shrink, down 200 points from a year earlier.
Nick Robertson, chief executive of Asos, said the performance of the past six weeks was in line with expectations, so the annual sales and EBIT pre-tax profit margin target remained unchanged.
Asos Tuesday High 9.57%, reported 2,655 pence, to the no fashion Chinese network deadline of up to 12.22%.