Asos’ CEO quits in connection with a profit warning

2021-10-11T17:17:00

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The chief executive of Asos, Nick Beighton, is departing the U.K.-based online fashion retailer in a shock move as the company issued a profit warning, citing supply chain issues and rising costs combined with a slowdown in its growth. Asos is facing “notable cost headwinds” from inbound freight fees, wage ...

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