Asos festive sales increase despite ‘challenging’ market conditions

Asos

Asos has posted an uplift in Christmas sales across the UK and US, but interim boss Mat Dunn flagged that supply chain issues drove “heightened clearance activity” over the festive period.

Asos reported a 5% rise in total sales year on year on a constant currency basis to £1.4bn in the four months to December 31, driven by a 13% uplift in UK sales to £645.2m.

The online fashion retailer said demand for party outfits drove its UK sales uptick over the festive period.

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