23 Jan 2008
Online fashion retailer Asos saw a sales increase of 86 per cent during the Christmas season, with annual profit before tax set to exceed expectations.
"We had a cracking Christmas," said chief executive Nick Robertson.
"Sales were ahead of internal forecasts, margin remained strong and our stock position healthy."
Physical processes such as logistics pose a challenge for most retailers with a web presence, but Asos experienced no major delivery issues in the run up to Christmas, according to Robertson.
The site has 1.7 million registered users.
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