Kate
Bostock, former Marks & Spencer fashion boss, is to join the board of etail
powerhouse Asos.
Asos
confirmed this morning that Bostock will join in January as executive director,
product and trading.
She was
previously executive director, general merchandise, at M&S, and has also
previously held senior roles at George at Asda and Next.
The
appointment comes almost a year after speculation first emerged that she would
join Asos, and follows her departure from M&S at the start of this month.
Bostock,
55, joins Asos as product director Robert Bready exits the business to “pursue
fresh challenges”. In July, Asos denied Bready was set to leave the business
after selling 143,125 shares for £2.6m. He has been at the retailer for seven
years.
Speculation
surrounding Bostock’s new role began in November last year but died down before
reigniting in July.
Asos chief
executive Nick Robertson said: “Our product and trading team now exceeds 350
people. We are fortunate to have Kate bring us her wealth of experience from
some of the biggest names in retailing as we strengthen our retail disciplines
and put in place the structures needed to manage the next phase of our growth.”
Bostock
said: “Asos is a phenomenon and I’m in awe of the story. With its unique mix of
own label and fashion-forward brands delivered online and increasingly through
mobile, the potential for Asos globally is huge. I’m very excited to be joining
at such a time of immense opportunity.”
In her
time at M&S Bostock drove a more fashion-led offer across the retailer’s
labels as well as sharpening up navigation of the sub-brands which include
Autograph, Limited and Blue Harbour. Despite the bulk of her experience lying
in clothing, she made great strides in improving the non-fashion offer, recognising
the opportunities open to the retailer.
She was
also in the running for the chief executive role before it went to Marc Bolland
in 2010.
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