Asos sales surge during lockdown as international markets drive growth

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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.

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