Business
Christmas Trading Statement
Christmas Trading Statement.
About this update from Asos Plc
[{"type":"text","content":"\n RNS Number : 8240L ASOS PLC 19 January 2009 \n \nASOS PLC \nFOR RELEASE \n7.00am \n19 January 2009 \nASOS plc\n('ASOS')\n('a leading internet based fashion retailer')\n\nCHRISTMAS TRADING STATEMENT\n\n\n\n\nSales +118% year on year for the 9 weeks to 16 January 2009 \n\n\n\n\n\nSales +108% year on year for the 42 weeks to 16 January 2009 \n\n\n\n\n\n1.2 million active customers as at 16 January 2009 \n\n\n\n\n\nProfit before tax for the year to 31 March 2009 expected to be in line with the Board's expectations \n\n\n\nCommenting on Christmas trading, Nick Robertson, Chief Executive said: \n'We have had another great Christmas. Sales, visitors, conversion and average basket value were all at record levels with the website attracting 5.2 million unique visitors in December alone. We now have 1.2 million active customers, a 112% increase over the last 12 months.\nWe helped maximise sales over the Christmas period by running a number of free delivery weekends and product promotions. Whilst this has impacted margin, we expect profit before tax for the year to 31 March 2009 to be in line with the Board's expectations.\nWe remain cautiously optimistic about the outlook for ASOS with both young fashion and the internet proving more resilient in the current economic climate. We will continue with our programme of investment, putting in the infrastructure to support continued growth.'\n \nFor further information contact: \nASOS plc Tel: 020 7756 1000\nNick Robertson, Chief Executive \nJon Kamaluddin, Finance Director \n\nCubitt Consulting &n...