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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 plc                                       Tel: 020 7756 1000 
 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 
 
 
   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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