Asos Faces Backlash: CEO Gets a 44% Raise Amid Share Crash and Layoffs Asos, the once-thriving online retail giant, is under fire for awarding its CEO, José Antonio Ramos Calamonte, a staggering 44% pay raise, even as the company grapples with plummeting sales, deepening financial losses, and widespread layoffs. Critics and industry observers have called […]
Following Nick Beighton stepping down as CEO of Asos, Doug Baird, founder and Chief Executive of New Street Consulting Group, looks at the challenge for CEO successors keen to take fresh eyes to a new role.
Nick Beighton has served as ASOS’ Chief Executive since September 2015, having joined the company 6 years earlier. Beighton will now step down from the company with immediate effect as ASOS searches for new leadership to further accelerate its international growth. ASOS has already started to look for Beighton’s successor. In the meanwhile finance chief Mat […]
There hasn’t been a more chaotic time, on a global scale, than the past six months, as we all adapted to life in a pandemic. But, with this chaos has come opportunity and while thousands of businesses have suffered in the crisis, there are some, both big and small, that have grown, pivoted, developed and […]
Steve Whiting, COO of Agile Solutions GB LTD, looks at why a data management culture offers huge opportunities to businesses. The business landscape has completely changed in a short period of time owing to the fast-paced integration of technology solutions that have come with the digital age. Due to this change, our personal lives […]
As ASOS issues its second profit warning in seven months, the online fashion retailer whose issues are said to come from warehouse-related confusion, non-functioning Eurolab software and troubled third-party brands, is not giving up the fight against these operational challenges just yet.
Martijn de Lange is the CEO of Hermes, the second largest carrier in the UK delivering more than 330 million parcels on behalf of 80% of the UK’s top retailers, including Next, ASOS, John Lewis, Arcadia Group and boohoo. Martijn was born in Holland and has lived and worked in the UK for the past […]
CEO Today Online and CEO Today magazine are dedicated to providing CEOs and C-level executives with the latest corporate developments, business news and technological innovations.
