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Close Topic OptionsBritain's Debenhams ASOS buck retail gloom
- Movies, Music, Fashion, Sports - Posted: 29th Oct, 2012 - 2:30am
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Fashion Industry News
Post Date: 29th Oct, 2012 - 2:30am / Post ID: #
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Britain's Debenhams ASOS buck retail gloom
Britain's Debenhams ASOS buck retail gloom
LONDON (Reuters) - British retailers Debenhams and ASOS laid out plans to deliver future growth overseas as their rising profits showed their resilience to weaker home market conditions. Both Debenhams, Britain's No. 2 department store group, and ASOS, the fast-growing online fashion retailer, have bucked the gloomy trend in the sector, dogged by weak consumer confidence. Shares in Debenhams, up 59 percent over the last year, rose 6 percent after it increased its target for online sales to 600 million pounds ($961.8 million) from 500 million through the next three to five years. ...
Source: Fashion News Headlines - Yahoo! News
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TOPIC: Britain's Debenhams ASOS buck retail gloom