Asos Network Global Business To Boost Sales
British fashion website
Asos
The online fashion retailer's annual revenue has risen sharply as global sales continue to grow rapidly.
By the end of March this year, its revenue increased by 52% to 339 million 700 thousand, while its global sales increased by 142%.
Compared with last year's 20 million 300 thousand pounds, the cost of relocation costs 12 million 900 thousand pounds, and its pre tax profit is 15 million 700 thousand pounds.
In addition to these expenses, its profit increased by 41% to 28 million 600 thousand pounds.
The company said it expects to reach 1 billion pounds in 2015.
The company
CEO Nick Robertson
"I am pleased to announce that Asos has been a successful year," he said.
We are still actively looking forward to 2012 and are excited about business opportunities in the UK and the world.
Global sales were the main driver of its growth, and sales doubled to 140 million.
Sales in the UK increased by 25% to 184 million.
In the middle of this year,
Asos network in the United States, France and Germany
The site was established and it said it plans to establish outlets in 3 other countries this year.
Asos network has announced sustained strong results in recent years, compared with many retailers of high quality shops who have been struggling to get out of recession.
(Xia Shang)
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