British online fashion retailer ASOS (ASOS.L) expects full-year profit to be around the bottom of its guidance after weaker than projected August sales, it said on Friday.
"Having seen good growth in June and July, sales in August were weaker than anticipated," it said. "This reflected the impact of accelerating inflationary pressures on consumers and a slow start to Autumn/Winter shopping."
The owner of rival Primark had warned on Thursday that its customers' disposable income was declining and that higher costs will squeeze its profit margin in the next financial year.
