LONDON Oct 9 British online fashion retailer
ASOS is set to appoint Kate Bostock, the former head of
general merchandise at Marks & Spencer, as a senior
executive, according to an industry source.
Bostock, whose departure from M&S was announced in July, did
not leave the company until Oct. 1. She could be officially
named in her new post, reporting to ASOS Chief Executive Nick
Robertson, as early as Wednesday.
Bostock, who has been linked with ASOS for nearly a year,
has years of experience in fashion and retail. She worked for
George at Asda, a subsidiary of the world's largest retailer,
Wal-Mart, before joining M&S.
ASOS, which targets young women looking to emulate the
designer looks of celebrities like Alexa Chung, Tulisa
Contostavlos and Kate Moss, declined to comment.
In September, ASOS said it would make year profit forecasts
after it maintained a heady rate of sales growth in its fourth
quarter, buoyed by strong trading in markets such as the United
States and Australia.
Last week, ASOS said Brian McBride, a former managing
director of Amazon in the UK, would succeed Waheed Alli
as chairman from Nov. 1.
Shares in ASOS closed Tuesday up 0.5 percent at 2,277 pence.