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Last checked at 
8 Aug 2017 07:00
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08 August 2017
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ASOS plc ("the Company")
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Agreement to open new US fulfilment centre
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ASOS is pleased to announce it has signed an agreement to establish a new North American e-commerce fulfilment centre in Union City, outside of Atlanta, Georgia. Fit-out is expected to commence shortly with operations starting in Autumn 2018.
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This fulfilment centre will significantly enhance ASOS' US customer proposition providing more cost effective, faster and more flexible delivery options.
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As part of its planned, phased development programme, ASOS will initially invest c.US$40 million in fit-out, establishing a 10 million unit capacity facility with the opportunity to expand further at the appropriate time.
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The agreement marks a significant progression in the Company's targeted geographic growth strategy.
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Nick Beighton, CEO, commented:
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"This agreement is a major step forward for ASOS in the US and demonstrates the opportunity we believe lies ahead in this key market. Our US business delivered 39% constant currency growth in the first six months of the current financial year following sales of Ā£179m in the year ended August 2016. Our US fulfilment centre will enable us to significantly develop our proposition for our 20-something US customers supporting our continued growth and future ambitions."
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For further information:
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ASOS plc | Tel: 020 7756 1000 |
Nick Beighton, Chief ExecutiveĀ Officer | |
Helen Ashton, Chief Financial Officer Greg Feehely, Director of Investor Relations Website: www.asosplc.com/investors | |
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Matthew Smallwood / Guy ScarboroughĀ |
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Ā JPMorgan CazenoveĀ | Ā Tel: 020 7742 4000 |
Michael Wentworth-Stanley / Caroline Thomlinson | |
Ā Numis Securities | Ā Tel:Ā 020 7260 1000 |
Alex Ham / Luke Bordewich |
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Background note:
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ASOS is a global fashion destination for 20-somethings. We sell cutting-edge fashion and offer a wide variety of fashion-related content, making ASOS.com the hub of a thriving fashion community. We sell over 85,000 branded and own-label products through localised mobile and web experiences, delivering from our fulfilment centres in the UK, US and Europe to almost every country in the world.
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We tailor the mix of own-label, global and local brands sold through each of our eight local language websites: UK, US, France, Germany, Spain, Italy, Australia and Russia.
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ASOS's websites attracted 146 million visits during June 2017 (June 2016: 123 million) and as at 30 June 2017 it had 15.0 million active customers1 (30 June 2016: 12.0 million), of which 5.2 million were located in the UK and 9.8 million were located in our international territories (30 June 2016: 4.6 million in the UK and 7.4 million internationally).
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1Defined as having shopped in the last 12 months as at 30 June 2017
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