Asos sales jump as Beighton hails ‘encouraging start to the year’

Nick beighton dsf6322 peter searle

Asos has reported sales increases in all of its markets, which led boss Nick Beighton to hail an “encouraging start to the year” for the pureplay retailer.

For the four months to December 31, 2019, Asos reported a 20% increase in total group revenue to £1.1bn. The fashion retailer said this reflected a record Black Friday and “strong customer engagement” throughout the period.

UK retail sales were up 18% to £408.9m, while EU sales jumped 22% to £332.5m and US sales surged 20% to £139.3m on a constant currency basis.

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