Latest news with #DaveMurray
Asharq Al-Awsat
9 hours ago
- Business
- Asharq Al-Awsat
UK Fashion Group ASOS Names New Finance Boss
British online fashion retailer ASOS on Tuesday named Aaron Izzard, director of group finance, as its new CFO as the current finance boss, Dave Murray, will be stepping down on June 30 to pursue other opportunities. Murray, a former Amazon executive who joined ASOS as CFO in April 2024, will remain with the company for a handover period, ASOS said. Izzard, who joined ASOS as head of retail finance in 2017, has held several finance roles at the company over more than eight years. His appointment will be effective July 1. Since the end of April 2024, when Murray took up the role of CFO, ASOS shares are down roughly 8% as of Monday's close. ASOS is navigating a changing competitive landscape, with rivals Shein and Temu gaining ground in its core markets of the UK and the United States in recent years. However, the British retailer could benefit from new headwinds facing its Chinese competitors, including high US import tariffs under President Donald Trump and changes to customs rules on direct-to-consumer shipments in both countries. In April, ASOS said it was well-positioned to withstand the impact of the US tariffs and reported a rise in half-year earnings, signaling early progress in efforts to revive its fast-fashion appeal among younger shoppers.
Wall Street Journal
9 hours ago
- Business
- Wall Street Journal
ASOS Replaces Finance Chief Amid Turnaround Plan
ASOS ASC 1.79%increase; green up pointing triangle said it has named Aaron Izzard as chief financial officer and executive director, as the company continues with its turnaround plan. Izzard will succeed Dave Murray, who will be stepping down to pursue other opportunities, the London-listed fashion group said Tuesday.
Zawya
10 hours ago
- Business
- Zawya
UK fashion group ASOS names new finance boss
British online fashion retailer ASOS on Tuesday named its director of group finance, Aaron Izzard, as its new CFO and said the current finance boss, Dave Murray, will be stepping down on June 30 to pursue other opportunities. (Reporting by Chandini Monnappa in Bengaluru; Editing by Mrigank Dhaniwala)
Reuters
10 hours ago
- Business
- Reuters
UK fashion group ASOS names new finance boss
June 17 (Reuters) - British online fashion retailer ASOS (ASOS.L), opens new tab on Tuesday named its director of group finance, Aaron Izzard, as its new CFO and said the current finance boss, Dave Murray, will be stepping down on June 30 to pursue other opportunities.
