10 July 2012 12:16
Online fashion retailer ASOS continued its strong performance despite the downturn, as international sales grew 49% in the three months to June 30th, boosting total sales by 31%.
Even UK sales proved resilient, heaping further pressure on the country's high street retailers, with sales up 8% beating analysts' expectations.
Nick Robertson, CEO, commented: "I am pleased to report that trading for the three months to end June 2012 has been strong with retail sales up 31% to £137m.
"Our UK performance was particularly encouraging given the current climate at +8%. Our International business grew by +49% driven by a strong performance in the US, +83% and our rest of world category (predominately Australia) at +61%. International sales now represent 65% of the total up from 57% last year.
"We remain positive in our outlook, and continue to trade in line with expectations."