White goods clean up

onLinE retailer Ao World expects to report a 14pc increase in full-year sales, despite a tough market and fewer promotions.

Revenues are set to be £796m, and in the UK, turnover is forecast to rise 8pc to £680m following growth in the fourth quarter. ‘When compared to this period in the previous year we have undertaken relatively less promotional activity which has supported gross margin,’ Ao said.