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Asos Beats Brexit With 30% Increase in Sales

As other British retailers struggle post-Brexit, Asos remains a top player in the global retail market.

The online global fashion hub for 20-somethings on Tuesday released its trading statement for the four months ended June 30, reporting a 28 percent increase in U.K. retail sales, a 53 percent increase in U.S. retail sales and a 32 percent increase in EU retail sales. To that end, from March through June, the British e-commerce site experienced a 30 percent increase in total retail sales.

Read more at Sourcing Journal.