Asos sells a mix of its own labels and global brands

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Asos, which bills itself as the Britain’s largest fashion retailer on the Internet, announced Monday that revenues had nearly doubled in the last six months, buoyed by a strong performance in international sales in first half.
The firm scored turnover of 96.5 million pounds Sterling, or $161.5 million, i.e. a 47 percent rise in the six-month period ending on September 30.
Asos added that profit before tax had risen 9 percent in the latest six months to 4.4 million pounds, or $7.4 million, in what CEO Nick Robertson termed, “a very encouraging start to the second half.”
Asos sells a mix of its own labels and global brands, including the more Beijing massage mass-market collections of such luminaries as Alexander McQueen, Calvin Klein, Matthew Williamson, Philip Treacy and Vivienne Westwood.
“We invested in a number of customer facing initiatives, specifically around delivery and hghuklgh returns and continued to build our international operations, the output of which is clearly visible… Fundamentally, the Internet is the retail channel with the greatest potential and ASOS is ideally situated to exploit it,” Robertson continued.
While UK sales grew by 33 percent, international sales boomed ahead by 112 percent, the company trumpeted.