An online fashion retailer wants to become the "world's number one destination for fashion-loving 20-somethings" after it today published a strong set of half-year results.

ASOS has reported a 38 per cent increase in retail sales, up from £644.6milion to £889.2million, and a 14 per cent rise in profit before tax, up from £23.9million to £27.3million.

ASOS sells more than 85,000 branded and own-label products through localised mobile and web experiences, from fulfilment centres in the UK, US and Europe to almost every country in the world..

ASOS CEO Nick Beighton said: "These are a strong set of results, showing great progress across the business.

"International growth of 54 per cent has been excellent, with the Rest of the World segment a stand-out performer.

"Customer acquisition, up 29 per cent, takes our active customers to over 14million.

"We passed the five-million active customer mark in the UK, where we have shown solid sales growth of 18 per cent in a more promotional market.

"Given the current momentum we are seeing, ASOS is making good progress towards its ultimate goal of becoming the world's number one destination for fashion-loving 20-somethings."

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