164
Fashion Jobs
&OTHERSTORIES
Business Controller
Permanent · STOCKHOLM
&OTHERSTORIES
Brand & Marketing Lead
Permanent · STOCKHOLM
ZALANDO
Senior Product Manager - Finance & Compliance (All Genders)
Permanent · STOCKHOLM
KERING EYEWEAR
Kering Eyewear Area Sales Manager Sweden
Permanent · STOCKHOLM
ZALANDO
Senior Product Manager - Zeos Returns & Shipping Solutions (All Genders)
Permanent · STOCKHOLM
L'OREAL GROUP
Pharmacy Representative - Dermatological Beauty Division - Stockholm Region
Permanent · STOCKHOLM
NEW YORKER
Project Manager Scandinavia Till New Yorker
Permanent · MALMÖ
NEW YORKER
Project Manager Scandinavia Till New Yorker
Permanent · MALMÖ
ESSILORLUXOTTICA GROUP
Key Account Manager - Stockholm, Sweden
Permanent · STOCKHOLM
RALPH LAUREN
Sales Professional
Permanent · SOLNA
RALPH LAUREN
Sales Professional
Permanent · SOLNA
ESTÉE LAUDER COMPANIES
HR Retail Business Partner (Maternity Cover)
Permanent · BOTKYRKA
JACK & JONES
Sales Manager Till Jack & Jones Barkarby Outlet
Permanent · JÄRFÄLLA
RALPH LAUREN
Sales Professional PT
Permanent · SOLNA
ESSILORLUXOTTICA GROUP
Finance Controller
Permanent · STOCKHOLM
SHIMANO
Brand Coordinator
Permanent · UPPSALA
NAKD
Head of Commercial Business Control
Permanent · GOTHENBURG
ZALANDO
Principal Product Manager - Data And Platform (All Genders)
Permanent · STOCKHOLM
BEIERSDORF
Regulatory Affair Manager
Permanent · GOTHENBURG
VERO MODA
Store Assistant Till Vero Moda Luleå
Permanent · LULEÅ
H&M
Product Designer Women’s Heavy Woven – h&m
Permanent · STOCKHOLM
H&M
Product Designer For Furniture & Lighting - h&m Home
Permanent · STOCKHOLM
By
Reuters
Published
Nov 16, 2009
Download
Download the article
Print
Text size

Overseas ASOS sales offset slower UK growth

By
Reuters
Published
Nov 16, 2009

LONDON (Reuters) - Online fashion retailer ASOS (ASOS.L) posted a 9 percent rise in first-half profit and said sales remained strong in its second half, with a pick up in overseas demand offsetting slower growth in Britain.


Photo: www.asos.com

The firm, which targets internet-savvy 18-34 year olds looking to emulate the designer looks of celebrities like Kate Moss and Victoria Beckham, but at a fraction of the price, said on Monday 16 November it made a pretax profit of 4.4 million pounds in the six months to September 30.

In September ASOS had said first-half profits would be "marginally ahead" of the same time last year.

Sales rose 47 percent to 96.5 million pounds and had continued close to that rate -- up 46 percent -- in the seven weeks to November 15, ASOS said.

This included a pick up in growth overseas to 161 percent from 112 percent in the first half, but a slowdown in Britain to 23 percent from 33 percent.

"Our outlook for the second half remains cautiously optimistic," Chief Executive Nick Robertson said.

"Stock and costs have been controlled well, so our performance in the second half should be significantly ahead year on year, providing sales continue to grow in line with expectations."

(Reporting by Mark Potter, Editing by James Davey)

© Thomson Reuters 2024 All rights reserved.