ASOS profit jumps 275% on strong pandemic demand



© Reuters. Smartphone with an ASOS app and a keyboard are seen in front of a displayed ASOS logo in this illustration picture

LONDON (Reuters) – British online fashion retailer ASOS (LON:) on Thursday reported a 275% jump in first half profit to 112.9 million pounds ($155.3 million), driven by the popularity of e-commerce during the COVID-19 pandemic.

($1 = 0.7268 pounds)

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.





READ SOURCE

READ  Have £1,000 to invest? Why I’d buy a FTSE 100 index tracker today

LEAVE A REPLY

Please enter your comment!
Please enter your name here