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ASOS reports from the retail sector and Domino's serves up update

ASOS reports from the retail sector this week, while delivery group Domino's Pizza also serves up its latest trading update.

Online fashion firm ASOS, which reports half-year results on Wednesday, tarnished its otherwise stellar record earlier this month with a worse-than-expected quarterly sales performance.

But ASOS insisted it remained on track to achieve annual sales of more than £1 billion for the first time a year ahead of schedule and said trading had been strong in all territories except its Rest of World region.

Domino's Pizza has set the bar high for trading this year having declared itself one of the "strongest growth stories on the UK high street" after notching up more sales records in 2013.

Its first-quarter trading update on Wednesday is likely to show more robust growth after it revealed last month that UK like-for-like sales were up by an impressive 14.6% in the first seven weeks of the current financial year.

The group took an all-time high of £14.1 million during one week in December, with established stores averaging weekly sales of £20,903.

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