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Asos reports strong sales momentum across holiday season

For the four months to December 31, 2020 Asos Plc said, group sales were up 23 percent to 1,364.1 million pounds, supported by investment into capturing available demand and building customer momentum. Gross margin in the period was negative 90bps reflecting continued ‘lockdown’ category product mix, investment into customer acquisition and...

13 Jan 2021