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Asos has posted a 23% jump in total group revenue for the four months to 26 December and expects full-year profits to come in at the top end of current market expectations, with an anticipated GBP40m boost during the first half as renewed Covid restrictions drive consumers to shop online. Analysts note the online retailer's fast reaction to lockdown categories such as loungewear, which have brought reduced returns rates as they are less fit-dependent.
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