Asos sales surge during lockdown as international markets drive growth

asos hq

Asos has posted a jump in sales during the coronavirus lockdown and said it expects to deliver “strong profit growth” across its financial year. 

The online fashion giant recorded a 10% increase in group revenue to £1bn during the four months to June 30. 

Sales growth was driven by its international markets, where retail sales climbed 17% to £654m across the quarter.

Its operations in the EU performed particularly strongly, as revenues spiked 22% to £328m. That compared to a 1% dip in sales to £329m in the UK and 3% growth in the US, where sales totalled £125m.

Subscription content

Please sign in now if you have a subscription or are already registered with us.

Retail Week

Register for free to continue reading provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.

Register today for a taste of our high-quality intelligence and enjoy:

  • Two free article views per calendar month on
  • Detailed analysis of current trends and events 
  • Exclusive newsletters
  • In-depth reports, videos, interviews and much more

Discover Retail Week register now

Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.