Internet ASOS has bumper Christmas

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Pure-play fashion etailer ASOS.com recorded strong sales growth over the Christmas period. The company, formally known as As Seen On Screen, saw year-on-year sales up by 86% for the seven weeks to 20 January. ASOS said the results meant pre-tax profits would most likely be “significantly” ahead of market expectations at year end on 31 March. Nick Robertson, ASOS CEO, said, “We had a cracking Christmas. Sales were ahead of internal forecasts, margin remained …

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