BREAKING NEWS

BREAKING NEWS

ASOS names former ITV boss Crozier as next chairman

Now Reading:

ASOS names former ITV boss Crozier as next chairman

ASOS names former ITV boss Crozier as next chairman
Text size Aa Aa

LONDON (Reuters) - British online fashion retailer ASOS <ASOS.L> said on Tuesday Adam Crozier, the former boss of broadcaster ITV <ITV.L>, will succeed Brian McBride as its chairman.

Crozier, the current chairman of hotels-to-coffee-chain group Whitbread <WTB.L>, will take over from McBride, who has been with ASOS for six years, after its annual shareholders' meeting on Nov. 29.

Established in 2000 for fashion-conscious twenty-somethings, ASOS is Britain's biggest e-commerce success story and its current market capitalisation of 5.12 billion pounds is bigger than Marks & Spencer's <MKS.L>.

Crozier, 54, was ITV's chief executive until June 2017 and is also a former boss of the Royal Mail and the Football Association.

(Reporting by James Davey, Editing by Paul Sandle)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on euronews.com for a limited time.