Why did Nick leave ASOS?

Why did Nick leave ASOS?

Nick Beighton, the chief executive of Asos, is leaving with immediate effect as the online fashion retailer warned supply chain problems and rising costs would affect its profits. Asos said Beighton and the board had agreed it was “the right time” for him to go.

Who is the current CEO of ASOS?

Nick Beighton (Sep 2, 2015–)ASOS.com / CEO

Has Nick Beighton left ASOS?

Beighton left Asos in October after telling Asos’ board he would not lead its expansion abroad. Secret Sales currently has operations in the UK, Netherlands and Belgium and plans to expand to a further 12 international territories over the next two years.

How old is Nick Beighton ASOS?

47
Beighton, 47, joined ASOS in April 2009 as Chief Financial Officer, working closely with Nick Robertson on the growth of the company ever since, and stepping up to the COO role last October, widening his management responsibilities beyond finance. He was widely regarded by analysts as the heir apparent.

Who is Nick Beighton?

Nick has been with ASOS for over 11 years covering all aspects of the business. He joined the company as Chief Financial Officer in 2009 and took the expanded role of Chief Operating Officer in 2014. During his tenure, ASOS has grown over tenfold both in the UK and around the world.

Why did ASOS leave China?

Asos has made the decision to remove its Chinese operations as the retailer found expansion of the business too costly. Instead of holding stock in China, Asos will serve it Chinese customers through its global platform and ship clothes from Europe. Asos will also be discontinuing its Mandarin website.

What has Nick Beighton done for ASOS?

Is ASOS Chinese owned?

ASOS plc (/ˈeɪsɒs/ AY-soss) is a British online fashion and cosmetic retailer. The company was founded in 2000 in London, primarily aimed at young adults.

What is wrong with ASOS?

ASOS is rated “Not Good Enough” overall. Some progress has been made by implementing measures to reduce carbon emissions; banning fur and other animal-based materials, and offering a more conscious collection. However, much more can still be done. ASOS needs to improve in all areas to achieve a higher score.

Who is ASOS’s Nick Beighton?

Nick Beighton joined ASOS in April of 2009 as Chief Financial Officer and has since worked closely with Nick Robertson on the growth of the Company. In October last year, Nick Beighton was appointed Chief Operating Officer, widening his management responsibilities beyond finance.

Why is ASOS CEO Nick Beighton resigning?

Nick Beighton, the chief executive of Asos, is to step down with immediate effect as the online fashion retailer warned that supply chain problems and rising costs will affect its profits. Asos said Beighton and the board had agreed it was “the right time” for him to go.

Who is the new CEO of Asos?

The Board of ASOS announces that after 15 years in the role, the founder of the Company Nick Robertson is to stand down as Chief Executive Officer and is to remain with the Company as a non-executive director. The Board also announces the appointment of Nick Beighton as Chief Executive Officer of the Company in succession to Nick Robertson.

What happened to Nick Beighton as Chief Financial Officer?

In October last year, Nick Beighton was appointed Chief Operating Officer, widening his management responsibilities beyond finance. In April the Company announced the appointment of Helen Ashton as Chief Financial Officer, succeeding Nick Beighton in the role. Helen started with the Company yesterday.