ASOS set to reveal interim growth

Online fashion retailer ASOS (LON:ASC) is reporting its interims on Thursday 8 April and the figures will show if growth has slowed down since the first four months of the year.

In the four months to December 2020, UK sales were 36% higher. Overall group sales were 23% ahead with Europe, the US and rest of the world all growing at around 18%. France was a strong market because shops were closed.

There was a change in mix of sales with more business in areas such as face and body and leisurewear. That led to a dip in gross margin.

Six months

The rate of growth is not expected to be...

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Andrew Hore
Andrew Hore is the publisher of AIM Journal, which is an online monthly publication covering the Alternative Investment Market.