Britain's ASOS Raises Profit View after Strong Christmas Sales

British online fashion retailer ASOS on Wednesday forecast a full-year profit at the top end of market forecasts after Christmas trading surpassed its expectations helped by strong demand during COVID-19 pandemic lockdowns. Analysts have forecast a pretax profit of 115 million pounds to 170 million pounds ($157-233 million) versus 142.1 million in 2019-20. ASOS, which sells fashion aimed at 20-somethings, said group retail sales rose 23% over the four months to Dec.

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