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Asos on-line style gross sales jumped within the UK and internationally

On-line style retailer Asos has seen a soar in half-year earnings and gross sales pushed by an “accelerated worldwide efficiency”.

The corporate mentioned the autumn in sterling for the reason that EU referendum, had boosted exports, enabling it to chop costs.

Asos, which targets folks of their twenties, now has greater than 5 million lively prospects within the UK.

Income for the six months to the top of February rose by 14% to £27.3m. Gross sales hit £889.2m, an increase of 31%.

UK retail gross sales rose by 18% and worldwide gross sales leapt by 42%.

“As a internet exporter, sterling weak point has created a FX tailwind for the enterprise which has enabled funding above beforehand deliberate ranges into each value and proposition,” mentioned chief govt, Nick Beighton.

It mentioned it anticipated full-year retail gross sales to rise by between 30 and 35%. Beforehand it mentioned it anticipated gross sales to go up by 25-30%.