Coronavirus: Asos profits up 329% as lockdown boosts demand for
By A Mystery Man Writer
Description
Sales were up for the year but shares fell on the company
Sales were up for the year but shares fell on the company's cautious outlook as consumers switched to cheaper loungewear.
Sky News' Paul Kelso takes a closer look at how the UK retail sector has fared under coronavirus and lockdown.
Sky News is an unrivalled, world class breaking news service with a spirit of innovation and a fresh approach to news broadcasting. As the UK's first dedicated 24-hour news channel, Sky News has built a deserved reputation for being the first to break major news as well as offering insight and analysis on the latest stories. It is renowned for the speed of its coverage and flexibility of reporting news live across all its platforms - TV, mobile, online, social, connected TV and radio.
Sales were up for the year but shares fell on the company's cautious outlook as consumers switched to cheaper loungewear.
Sky News' Paul Kelso takes a closer look at how the UK retail sector has fared under coronavirus and lockdown.
Sky News is an unrivalled, world class breaking news service with a spirit of innovation and a fresh approach to news broadcasting. As the UK's first dedicated 24-hour news channel, Sky News has built a deserved reputation for being the first to break major news as well as offering insight and analysis on the latest stories. It is renowned for the speed of its coverage and flexibility of reporting news live across all its platforms - TV, mobile, online, social, connected TV and radio.
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Asos profits soar 250% during Covid lockdowns as sales hit £2bn
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