Advertisement
UK markets closed

  • FTSE 100

    8,213.49
    +41.34 (+0.51%)
     

  • FTSE 250

    20,164.54
    +112.21 (+0.56%)
     

  • AIM

    771.53
    +3.42 (+0.45%)
     

  • GBP/EUR

    1.1652
    -0.0031 (-0.26%)
     

  • GBP/USD

    1.2546
    +0.0013 (+0.11%)
     

  • Bitcoin GBP

    50,703.80
    +1,574.20 (+3.20%)
     

  • CMC Crypto 200

    1,359.39
    +82.41 (+6.45%)
     

  • S&P 500

    5,127.79
    +63.59 (+1.26%)
     

  • DOW

    38,675.68
    +450.02 (+1.18%)
     

  • CRUDE OIL

    77.99
    -0.96 (-1.22%)
     

  • GOLD FUTURES

    2,310.10
    +0.50 (+0.02%)
     

  • NIKKEI 225

    38,236.07
    -37.98 (-0.10%)
     

  • HANG SENG

    18,475.92
    +268.79 (+1.48%)
     

  • DAX

    18,001.60
    +105.10 (+0.59%)
     

  • CAC 40

    7,957.57
    +42.92 (+0.54%)
     
MONEY:

Best savings accounts that offer above inflation rates

Where to find a top-rated deal that works for you

ASOS Chief Executive Nick Robertson to step down - Sky News

Reuters - UK Focus

Sept 1 (Reuters) - British online fashion retailer ASOS Plc (LSE: ASC.L - news) Chief Executive is to step down in the coming months, 15 years after launching the company, Sky News reported.

Robertson has informed the company's board of his decision, but will remain on the board as a non-executive director, Sky (Amsterdam: BK8.AS - news) News (Other OTC: NWSAL - news) said. (http://bit.ly/1EvZ9yt)

ASOS Chief Operating Officer Nick Beighton is expected to succeed Robertson, the newspaper said, citing sources.

The announcement will likely be made to the London Stock Exchange before the market opens on Wednesday morning, Sky News said.

ADVERTISEMENT

ASOS could not immediately be reached for comments.

The company named Helen Ashton as Chief Financial Officer in April, who took over from COO Beighton.

The company is popular with internet-savvy twentysomethings as well as celebrity fans such as U.S (Other OTC: UBGXF - news) . First Lady Michelle Obama and British singer Rita Ora.

(Reporting by Rama Venkat Raman in Bengaluru, editing by William Hardy)