Last checked at 6 Mar 2009 07:00
ASOS PLC
FOR RELEASE
7.00am
6 March 2009
ASOS plc ("ASOS")
A leading internet based fashion retailer
Nick Beighton appointed as Finance Director
Jon Kamaluddin to take up role as International Director
Following the announcement on 17 November 2008, ASOS is pleased to announce that Nick Beighton has been appointed as Finance Director and Company Secretary of ASOS with effect from 27 April 2009 and that Jon Kamaluddin, the current Finance Director, will become International Director after an appropriate handover period.
Nick Beighton, age 40, will be joining ASOS from Luminar plc ("Luminar"), the FTSE 250 listed leisure company, where he is currently Finance Director. Prior to joining Luminar in 2005, Nick spent seven years at Matalan Retail plc where he was Head of Finance and, latterly, an Executive Director with responsibility for business change and systems. He qualified as a Chartered Accountant with KPMG in 1993.
Nick's past directorships include having served as a Non-Executive Director of 3D Entertainment Ltd., Choir IT Ltd and as a Director of a number of Luminar's subsidiaries.
There are no other details regarding Nicholas Timothy Beighton required to be disclosed under paragraph (g) of Schedule 2 of the AIM Rules.
Nick Robertson, the ASOS Chief Executive, commented:
"These appointments are key to our plans to develop ASOS internationally. Nick's broad retail experience combined with his knowledge of operating within a FTSE 250 company will also be invaluable to us, and I am looking forward to working with him."
End -
For further information contact:
ASOS plc Tel: 020 7756 1000
Nick Robertson, Chief Executive
Jon Kamaluddin, Finance Director
Cubitt Consulting Tel: 020 7367 5100
Brian Coleman-Smith / Nicola Krafft / James Verstringhe
JPMorgan Cazenove Tel: 020 7588 2828
Luke Bordewich / Gina Gibson
Singer Capital Markets Tel: 020 3205 7500
Nicholas How / Brad Cheng
Background note
ASOS is rapidly becoming the market leader in the UK online fashion world. The business continues to generate profitable growth despite continued investment in operational resources and enjoys strong and increasing barriers to entry.
Established in June 2000 and admitted to AIM in October 2001, ASOS.com is the UK's largest independent online fashion and beauty retailer and offers over 17,500 branded and own label product lines across womenswear, menswear, footwear, accessories, jewellery and beauty with approximately 1,150 new product lines being introduced each week.
Aimed primarily at fashion forward 16-34 year olds, ASOS.com attracts over 5.2 million unique visitors a month and as at 16 January 2009 had 2.2 million registered users and 1.2 million active customers (defined as having shopped in the last 6 months).
www.asos.com