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Kate Bostock has quit Asos as an executive director just six months after her appointment at the online fashion retailer. The former Marks & Spencer (M&S) employee was recruited by Asos after almost a year of courting by the company. She said she was leaving the board with immediate effect on Tue
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* CEO says Kate Bostock feels ASOS "not for her" * CEO says no row, no payoff * Shares down 1.3 pct By James Davey LONDON, July 16 (Reuters) - Kate Bostock, one of the biggest names in Britain's retail industry, has quit ASOS after just seven months, deciding the fast-grow
Read moreLONDON, July 16 (Reuters) - British online fashion retailer ASOS said Kate Bostock, executive director product and trading, had quit the company after just seven months in the job. "Kate and I have agreed that ASOS is not the right platform for her talent," ASOS founder and chief executive
Read moreFRIEDRICHSHAFEN, Germany, July 12 (Reuters) - Makers of outdoor clothing are bowing to pressure to get rid of many of the chemicals in their kit that help keep hikers and climbers warm and dry but are also harmful to the environment. Previously a niche part of the sporting goods market, the
Read more* AB Foods Q3 revenue up 8 pct * Primark Q3 sales climb 20 pct * Group says on track to meet full-year expectations * Shares up 7 pct (Writes through, adds shares, quotes) By Neil Maidment LONDON, July 11 (Reuters) - Associated British Foods is seeing signs of imp
Read moreUnion leaders have said the privatisation of Royal Mail would provoke a strike as they criticised plans by ministers to give 150,000 workers shares worth up to 2,000 pounds in the flotation of the company, The Times reported. Chinese exports and imports declined in June by 3.1% and 0.7% year-on-yea
Read moreThe FTSE 100 put in a decent performance on Tuesday, jumping around one per cent as investors shrugged off gloomy comments from the International Monetary Fund (IMF) and instead focused on progress in Greece and a strong start to US corporate earnings season. London's benchmark index finished the d
Read more* Q1 non-food lfl sales down 1.6 pct; f'cst down 0.2-3.0 pct * Non-food decline is 8th straight quarterly fall * Q1 food lfl sales up 1.8 pct vs f'cst up 1.0-2.0 pct * Chairman defends CEO bonus, says management needs time * Shares down 1.5 pct (Adds detail from annual s
Read moreImproved appetite for risk helped equities in the banking and mining sectors on Tuesday morning, pushing the FTSE 100 to levels not seen in over a month. London's benchmark index was trading at around 6,500 this morning, a mark not reached since the start of June when markets were beginning to pric
Read moreMarks & Spencer is on the cusp of turning around its struggling General Merchandise (GM) division, according to Panmure Gordon which has maintained its 'buy' rating and 516p target price for the stock after a first-quarter trading update on Tuesday. The broker said: "We are positive on MKS for four
Read moreMarks & Spencer is on the cusp of turning around its struggling General Merchandise (GM) division, according to Panmure Gordon which has maintained its 'buy' rating and 516p target price for the stock after a first-quarter trading update on Tuesday. In spite of the negative market reaction - the st
Read moreStrong gains from mining and banking stocks ensured a strong open for the FTSE 100 on Tuesday morning as sentiment was lifted by improving hopes for the US economy and a bailout deal in Greece. London's benchmark index opened over one per cent higher early on advancing past 6,500, a level not seen
Read moreA good start to US corporate earnings season and a deal in Greece was lifting sentiment on Tuesday morning, with the FTSE 100 expected to open with strong gains early on. City sources predict London's benchmark index will open up 40 points from yesterday's close of 6,450. Wall Street stocks fini
Read moreMarks & Spencer's struggling general merchandise division showed some improvement in the first quarter, the retailer revealed in a trading update on Tuesday. General merchandise, which includes clothing, achieved a 0.5% rise in sales after the group unveiled a new strategy to turn to the business
Read moreLONDON, July 9 (Reuters) - British retailer Marks & Spencer on Tuesday posted an eighth consecutive quarterly fall in underlying sales of general merchandise, though the outcome did represent a slowing in the rate of decline. The performance will ratchet up the pressure on management to de
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