208 days ago • Posted by Jasper Lawler
ASOS benefits from lockdown online fashion shopping... profits triple!
Online fashion retailer Asos has reported a 329% rise in annual profits amid demand for casual clothing and sportswear during lockdown.
Revenues rose 19% for the year to the end of August - a slight slowdown compared to the 21% growth in the first half of the year, with smart and "going out" clothes becoming harder to shift.
source: Sky News