LONDON, Oct 14 (Reuters) - British online fashion retailer
ASOS is anticipating a highly promotional trading
period in the run-up to Christmas this year, its boss said on
Wednesday.
"We're...expecting it to be a very promotional period from
now on in, starting at Halloween," CEO Nick Beighton told
Reuters after ASOS reported annual results.
He also said ASOS was assuming a no deal outcome in
Britain's future trading relationship with the European Union.
"If there is a Brexit deal with tariffs we would have to
suck up a substantial amount of operating cost," he said.
(Reporting by James Davey; editing by Sarah Young)
ASOS (ASC)
