Soaring demand for bargain wedding dresses lifts Asos sales but profits fall as it settles trademark dispute



Soaring demand for its bargain wedding dresses helped Asos post a bumper rise in sales. 
The online fashion retailer saw 9,200 brides walk down the aisle in one of its ivory or white gowns which cost between £120 and £230. 
The firm launched its wedding range last year and said it contributed to a 26 per cent increase in sales from £1.1billion to £1.4billion for the year to the end of August.
Trainers and denim were also big sellers.
However profits fell to £42.8million from £52.7million after it was forced to pay £20million to two European retailers over allegations it had infringed the... read more

 
19 October 2016 in Business, Views: 37
Source: Daily Mail
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