U.K. Retailer Woes Laid Bare as Web Profits Prompt Fashion Foray

U.K. Retailer Woes Laid Bare as Web Profits Prompt Fashion Foray

Simon Dawson/Bloomberg

A page from the Asos.com website is displayed on an iPad. Asos Plc, the U.K.’s largest online-only fashion retailer, whose shares have soared 78 percent in the past 12 months, yesterday said December sales jumped 40 percent from a year earlier to 79.8 million pounds.