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ASOS Sales in the US and Europe Lead Growth

Executive Summary

  • ASOS reported that total group revenue for the four months ending Dec. 31, 2015, was up 23% in reporting-currency terms and 27% on a constant-exchange-rate basis.
  • Retail sales results were driven by the performance in the US and the EU.
  • Price differentiation helped sales, but affected retail gross margin.
  • ASOS remains committed to expanding in its core markets.

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