REG - ASOS PLC - Nick Beighton appointed COO <Origin Href="QuoteRef">ASOS.L</Origin>
RNS Number : 8163UASOS PLC21 October 2014
21 October 2014
ASOS plc
Global Online Fashion Destination
Nick Beighton appointed COO
The Board of ASOS plc is pleased to announce that Nick Beighton, Chief Financial Officer, is to become Chief Operating Officer with immediate effect. In his new role Nick will add responsibility for retail and international to his existing responsibilities for finance, IT, supply chain and logistics. Nick's expanded role will free up Nick Robertson, Chief Executive Officer, to focus on the company's growth strategy, customer experience and marketing. The company has started a search for a new Chief Financial Officer to strengthen the overall management team and a further announcement will be made in due course.
Nick Robertson, Chief Executive Officer said: "Nick and I have worked together for five years during which time he has taken on a growing number of operational responsibilities. This appointment is a logical progression for ASOS. Nick's broadened role will allow him to play to his operational strengths, at the same time further strengthening the management team. This move frees me up to focus on strategy and growth as we head for our next staging post of 2.5bn of sales."
For further information:
ASOS plc
Nick Robertson, Chief Executive Officer
Tel: 020 7756 1000
Nick Beighton, Chief Operating Officer / Chief Financial Officer
Greg Feehely, Head of Investor Relations
Website: www.asosplc.com/investors
Instinctif Partners
Matthew Smallwood / Justine Warren / Guy Scarborough
Tel: 020 7457 2020
JPMorgan Cazenove
Luke Bordewich
Tel: 020 7742 4000
Numis Securities
Alex Ham
Tel:020 7260 1000
Background note
ASOS is a global fashion destination for 20-somethings. We sell cutting-edge 'fast fashion' and offer a wide variety of fashion-related content, making ASOS.com the hub of a thriving fashion community. We sell over 75,000 branded and own-brand products through localised mobile and web experiences, delivering from our fulfilment centres in the UK, US, Europe and China to almost every country in the world.
We tailor the mix of own-label, global and local brands sold through each of our nine local language websites: UK, US, France, Germany, Spain, Italy, Australia, Russia and China.
ASOS's websites attract 71.2 million visits per month (August 2013: 68.5 million) and as at 31 August 2014 had 8.8 million active customers1 (31 August 2013: 7.1 million), of which 3.4 million were located in the UK and 5.4 million were located in our international territories (31 August 2013: 2.8 million in the UK and 4.3 million internationally).
This information is provided by RNSThe company news service from the London Stock ExchangeENDBOADBLFLZBFBFBV
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