REG - ASOS PLC - Notice of interim results and leadership update

ASOSAnnouncement

10/02/2023 07:00

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RNS Number : 5151P  ASOS PLC  10 February 2023

 

 

ASOS plc

Notice of interim results and leadership update

 

On 10 May 2023, ASOS plc ("ASOS" or "the Company") will report its interim
results, along with an update on March and April trading and details of
further progress against its Driving Change agenda.

 

As set out in its full year results on 19 October, a reinforced leadership and
refreshed culture are core enablers of the Company's strategy. Over the last
four months, ASOS has taken action to simplify the decision-making processes
within the organisation while also building a stronger new Leadership Team
with greater depth in critical areas. This 12-person team covers Creative,
Product, Trading, Supply Chain, Technology, Marketing, Finance, Strategy,
People and Communications, and will be focused on the delivery of the Driving
Change initiatives. ASOS has now filled 75% of these roles through a balanced
combination of internal talent and key strategic hires and will provide a full
update at its interim results.

 

To provide additional support on its Driving Change agenda, until a permanent
CFO is appointed, ASOS is pleased to announce the appointment of Sean Glithero
as interim CFO once Katy Mecklenburgh leaves in May. Sean has already joined
the Company to allow for a thorough handover. He is a highly experienced CFO
with a track record of delivery across a range of digital and fashion
businesses. During his 28-year finance career, including ten years as a CFO,
Sean has led large finance functions at businesses including Auto Trader Group
PLC, Funding Circle Holdings PLC and, most recently, MatchesFashion.

 

Notes:

An analyst presentation will be held at 09.30am on 10 May at ASOS HQ, Greater
London House, NW1 7FB. For those unable to attend in person, a live webcast
will be available, and a recording of the presentation will be uploaded to the
investor relations website afterwards.

 

For further information:

 ASOS                                                                                                                                                      Tel: 020 7756 1000
 plc
 Jose Antonio Ramos Calamonte, Chief Executive Officer

 Katy Mecklenburgh, Interim Chief Financial Officer

 Holly Cassell, Head of Investor Relations

 Katja Hall, Interim Director of Corporate Affairs

 Website: www.asosplc.com/investors (http://www.asosplc.com/investors)

 Headland Consultancy                                                                                                                                      Tel: 020 3805 4822
 Susanna Voyle / Stephen Malthouse / Rob Walker

 JPMorgan Cazenove

                                                                                                                                                           Tel: 020 7742 4000
 Bill Hutchings / Will Vanderspar
 Numis Securities

                                                                                                                                                           Tel: 020 7260 1000
 Alex Ham / Jonathan Wilcox / Tom Jacob

 Berenberg                                                                                                                                                 Tel: 020 3207 7800

 Michelle Wilson / Richard Bootle

 

 

Background note

ASOS is a destination for fashion-loving 20-somethings around the world, with
a purpose to give its customers the confidence to be whoever they want to be.
Through its app and mobile/desktop web experience, available in ten languages
and in over 200 markets, ASOS customers can shop a curated edit of over 70,000
products, sourced from nearly 900 global and local third-party brands
alongside a mix of fashion-led own-brand labels - ASOS Design, ASOS Edition,
ASOS 4505, Collusion, Reclaimed Vintage, Topshop, Topman, Miss Selfridge and
HIIT. ASOS aims to give all of its customers a truly frictionless experience,
with an ever-greater number of different payment methods and hundreds of local
deliveries and return options, including Next-Day Delivery and Same-Day
Delivery, dispatched from state-of-the-art fulfilment centres in the UK, US
and Germany.

 

 

 

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