ASOS continue to grow as they post a full year profit increase of 28% to £102 million.

They posted a £500 million rise in revenue, which put them at a total of £2.4 billion for the year up to 31st August.

The company announced that EU sales grew by 36%, while US sales were up by 19%, driven by a higher average basket value and conversion improvements.

Chief executive Nick Beighton said: "The potential for our business is huge and we remain focussed on building ASOS into the world's number one destination for fashion-loving twenty somethings."