ASOS Regulatory News (ASC)

23 Jan 2008 07:00

ASOS PLC23 January 2008 ASOS plcFOR RELEASE7.00am23 January 2008 ASOS plc ('ASOS' or 'Group') ('a leading internet based fashion retailer') CHRISTMAS TRADING STATEMENT * ASOS.com sales +86% year on year for the 7 weeks to 20 January 2008 * Sales for the 42 weeks to 20 January 2008 +88% year on year * Profit before tax for the year to 31 March 2008 likely to be significantly ahead of market expectations * 1.7 million registered users as at 20 January 2008 Commenting on Christmas trading, Nick Robertson Chief Executive said: "We had a cracking Christmas. Sales were ahead of internal forecasts, marginremained strong and our stock position healthy. I can confirm that weexperienced no major delivery issues in the run up to Christmas. With sales for the 42 weeks to 20 January 2008 +88% year on year, our profit forthe year to 31 March 2008 is likely to be significantly ahead of marketexpectations." For further information contact: ASOS plc Tel: 020 7756 1000Nick Robertson, Chief ExecutiveJon Kamaluddin, Finance Directorwww.asos.com Cubitt Consulting Tel: 020 7367 5100Brian Coleman-SmithNicola KrafftJames Verstringhe Seymour Pierce Tel: 020 7107 8000Mark PercyNicola Marrin Background note: ASOS plc is an Internet Retail business, established in June 2000 and admittedto AIM in October 2001. ASOS.com is the UK's largest independent online fashion and beauty retailer.Aimed primarily at Internet savvy 16-34 year olds, it offers over 6,500 fashionlines across womenswear, menswear, footwear, accessories, jewellery and beauty.In addition to its extensive own label ranges, ASOS also sells over 135 designerbrands. ASOS.com attracts over 2.6m unique visitors a month and, as at 20 January 2008,it had 1.7m registered users. This information is provided by RNS The company news service from the London Stock Exchange