News & Press: Power Retail News

ASOS 30% Sales Lift From Same Day Delivery

Monday, 29 January 2018  
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Despite weakening consumer sentiment in the UK, ASOS was able to deliver strong financial results over the four months to 31st December 2017. Retail sales grew overall by 30 percent on a reported basis and 28 percent in constant currency, which ASOS attributes to its unique and differentiated product and proposition as well as key investments in technology.

ASOS reports accelerated performance in the UK with retail sales growth of 23 percent in a challenging market, continued strong customer engagement and a three percent rise in average basket value. Conversion rate was also up eight percent, up by 20 basis points. Read more...