Asos Q1 Sales Surge 31%

Asos PLC ASOMY reported a 31% rise in its first-quarter retail sales. Asos's retail sales climbed to 136.9 million pounds ($212.0 million), versus GBP104.2 million, in the year-ago period. UK retail sales gained 8% to GBP48.1 million, while international retail sales jumped 49% to GBP88.8 million. Asos shares closed at $26.30 yesterday.