Advertisement
UK markets open in 11 minutes

  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     

  • HANG SENG

    17,714.12
    +429.58 (+2.49%)
     

  • CRUDE OIL

    84.02
    +0.45 (+0.54%)
     

  • GOLD FUTURES

    2,351.30
    +8.80 (+0.38%)
     

  • DOW

    38,085.80
    -375.12 (-0.98%)
     

  • Bitcoin GBP

    51,519.03
    +161.63 (+0.31%)
     

  • CMC Crypto 200

    1,391.44
    -5.10 (-0.37%)
     

  • NASDAQ Composite

    15,611.76
    -100.99 (-0.64%)
     

  • UK FTSE All Share

    4,387.94
    +13.88 (+0.32%)
     
Stocks:

Trending tickers

Microsoft, Alphabet, Anglo American, IBM, Astrazeneca, Unilever and Sainsbury's

ASOS names former ITV boss Crozier as next chairman

Reuters
A model walks on an in-house catwalk at the ASOS headquarters in London April 1, 2014. REUTERS/Suzanne Plunkett

LONDON (Reuters) - British online fashion retailer ASOS (ASOS.L) said on Tuesday Adam Crozier, the former boss of broadcaster ITV (ITV.L), will succeed Brian McBride as its chairman.

Crozier, the current chairman of hotels-to-coffee-chain group Whitbread (WTB.L), will take over from McBride, who has been with ASOS for six years, after its annual shareholders' meeting on Nov. 29.

Established in 2000 for fashion-conscious twenty-somethings, ASOS is Britain's biggest e-commerce success story and its current market capitalisation of 5.12 billion pounds is bigger than Marks & Spencer's (MKS.L).

Crozier, 54, was ITV's chief executive until June 2017 and is also a former boss of the Royal Mail and the Football Association.

(Reporting by James Davey, Editing by Paul Sandle)