Pursuits

Asos Unveils Chinese Entry Plan as First-Half Profit Jumps

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Asos Plc, the U.K.’s largest online-only fashion retailer, plans to further expand its global footprint in October by entering China.

The debut website in the world’s most populous country will follow the start of a business in Russia next month, Asos said today as it reported a 19 percent increase in first-half profit.