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Asos returns to profit but sees sales and active customer numbers slide

Asos saw its share price rise over 14% today after the group unveiled a return to profitability but saw its revenue fall. Mike Ashely s Frasers Group upped its stake in Asos last month.

Asos taps shareholders for £80m and borrows £275m

Asos launched an equity raise last night, and today said it had successfully raised £75million from institutional investors.

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