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ASOS Increases Investment Desire To Achieve Substantial Profit Growth

2013/10/25 19:41:00 27

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Fashion Electricity Supplier ASOS Net Profit

due to the end of the third quarter, sales of ASOS, an online fashion retailer in Britain, are growing more optimistic in the UK and overseas markets. This year is expected to achieve a forecast of 23% of the annual profit growth. To this end, ASOS said it plans to increase investment to support the rapid growth of sales. 
 ASOS says that in the next two years, the company will invest 55 million pounds in manpower, technology, logistics and marketing every year. Between 2012 and 2013, ASOS had invested 33 million pounds. 
 it is understood that < a href= "http://www.91se91.com/news/index_c.asp" > ASOS < /a > the website has sold more than 65000 brands and its own brand products, and goods can be spanported to 237 countries in the world free of charge. In recent years, it has become the biggest success model in the UK "a href=" http:// www.91se91.com/news/index_c.asp "retail" /a ". ASOS's share price has almost doubled in the past year, and the company is valued at 4 billion 450 million. 
Last month, ASOS publicly stated that the company is striving to achieve the annual sales target of 1 billion pounds before the end of the 2013 to 2014 fiscal year, and this year it was more optimistic. 
At present, ASOS has established local language shopping websites in 8 countries, including the United Kingdom, the United States, France, Germany, Spain, Italy, Australia and Russia, and its p website is also on the way. 
 according to the company's financial report, by the end of the third quarter of August 31st, ASOS's pre tax profit was 54 million 700 thousand pounds, which was 44 million 500 thousand to 54 million pounds higher than analysts forecast. 
 it is understood that in the quarter, ASOS's revenue grew by 39% to 769 million 400 thousand. Among them, retail sales in the United Kingdom increased by 34%, while international retail sales increased by 44%, while international sales accounted for 63% of total sales, and gross retail sales increased by 100 basis points over the previous year. 
 related news: 
 Britain's largest fashion business ASOS (as seen on screen) said on Wednesday that its revenue growth in the fiscal year ended August 31st was 40% to 769 million 400 thousand pounds (7 billion 600 million yuan). The company also revealed that its Chinese branch is "at the final testing stage, and will soon be put into operation." 
"P," the company said, "ASOS Chinese website initially provides 2000 local private brands, and also has a local multi background team, specialized delivery and payment solutions, Chinese customer service and local retail partners. Preliminary tests show that all the factors are working well. " The company will invest 1200-1800 pounds in the next three years to build exclusive distribution centers. 
 the company said that the focus of international business in the next 6 months is the establishment and promotion of China's business, as well as the expansion of strategic countries such as Britain, France, Germany, Australia and Russia. At the beginning of the year, the company said that China will lose money in the first two years. Online clothing demand has pushed Asos shares up 1 times last year, and 4 times more than in 2011. The company has a market value of 4 billion 500 million. The company reported a 37% - to - 54 million 700 thousand increase in pre tax profits last year.