REVIEW OF 2013 CLOTHING AND TEXTILE SECTOR
December 5th, 2013
WINNERS AND LOSERS RETAIL WINNERS ASOS Fashion retailer ASOS showed online convenience and price are still a winning combination with shoppers. The UK-based online retailer continued its impressive trajectory this year, announcing pre-tax profit had reached GBP54.7m (US$88.3m) for the year ending 31 August, compared to GBP40m in the same period of last year, with retail sales jumping 40% to GBP753.8m, up from GBP537.9m last year. Company CEO Nick Robertson said the company was on track for their GBP1 billion sales goal, with strong growth ...
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