Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user

Asos Beats Brexit With 30% Increase in Sales

Join Sourcing Journal on March 13th HKT for Sourcing Summit Hong Kong for discussions on mending relationships between supply chain partners, remaking factories for smaller MOQs and faster turns, and creating resilience to survive the next inevitable crisis.

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.

Related Articles

More from our brands

Access exclusive content Become a Member Today!