THE RETAIL BULLETIN - The home of retail news
Lest we forget
HOME
RETAIL NEWS
RETAIL EVENTS
Fashion
Department Stores
Shopping Centres & Retail Parks
Home & DIY
Electricals
Health & Beauty
General Merchandise
Entertainment
Sports & Leisure
Retail Solutions
Food & Drink
Interviews
RETAIL INSIGHTS
RETAIL SOLUTIONS
ABOUT US
CONTACT US
SUBSCRIBE FOR FREE
ASOS chief executive Nick Robertson steps down

Online fashion retailer ASOS has announced that its chief executive Nick Robertson has stood down 15 years after founding the business.

GENERAL MERCHANDISE

ASOS chief executive Nick Robertson steps down

Online fashion retailer ASOS has announced that its chief executive Nick Robertson has stood down 15 years after founding the business.

He will be succeeded by the company’s chief operating officer Nick Beighton although Robertson will remain on the board as a non-executive director.

Beighton joined ASOS in April of 2009 as chief financial officer and was appointed chief operating officer last year to widen his management responsibilities beyond finance. In April, the company appointed Helen Ashton as chief financial officer and she joined the company yesterday.

Brian McBride, chairman of ASOS, said: “We are fortunate to have such an able successor for the CEO role in Nick Beighton. Nick has unique experience of the company built over six years, equipping him to drive ASOS along its growth trajectory to become the world's leading online fashion retailer for 20 – somethings."

ASOS was founded by Robertson and his business partner Quentin Griffiths in 2000 under the name of As Seen on Screen after the pair had the idea of starting an internet business where people could find clothes or accessories they had seen celebrities wearing.

From 2002, the business was known as ASOS and in the year to 31 August 2014 the company saw its retail sales climb by 27% to £955.3 million. However, there was a fall in full-year pre-tax profits after ASOS experienced difficult trading conditions overseas and a fire at its main UK distribution facility.

Last month, ASOS reported that it had increased its retail sales by 20% in the four months to 30 June 2015 and that the number of active customers had grown by 11% to 9.7 million.

McBride added: "On behalf of everyone who works at ASOS, I'd like to acknowledge Nick Robertson's extraordinary achievement. His passion and vision have built a start-up into a world class company. We are all delighted that Nick will continue to contribute to the company that he started.”

 

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News

RETAIL EVENTS

The Retail Design Seminar 2018
The Retail Design Seminar 2018
14 November 2018
The Cavendish Conference Centre
The Retail Design Seminar 2018
Omnichannel Futures Conference 2019
Omnichannel Futures Conference 2019
6 February 2019
Cavendish Conference Centre, London WG1 9DT
A truly omnichannel offering requires an understanding of customer behaviour across all shopping channels and how this should impact your overall business strategy
Customer Engagement Conference 2019
Customer Engagement Conference 2019
5 June 2019
Cavendish Conference Centre, London W1
The 10th Annual Retail Customer Engagement Summit
AI in Retail Conference 2019
AI in Retail Conference 2019
18 September 2019
Cavendish Conference Center, 22 Duchess Mews, London W1G 9DT
Retail marketing is changing pace rapidly by making communication across all platforms personalised, relevant, efficient, and helpful. AI not only helps shoppers find a perfect product but also pre-empts the shopping behaviour and speeds up payment.
The HR Summit 2019
The HR Summit 2019
Tuesday 8 October 2019
The Cavendish Conference Centre, London W1
The 11th HR Summit 2019, The Cavendish Conference Centre, London W1, 8 October 2019