Fashion Firm Beats Retail Woes

Summary


Online fashion retailer ASOS continued to buck the retail gloom after it said profits were likely to be at the top end of market forecasts.

The group - targeted at 16-34 year olds with clothes and accessories styled on those worn by celebrities - posted a 24 per cent rise in UK sales during its fourth quarter to March 31, up from 23 per cent in the previous quarter.

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Fashion Firm Beats Retail Woes

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