Ex-M&S clothing boss Bostock joins Asos
Kate Bostock, the former head of clothing at Marks & Spencer, is poised to join the online fashion retailer Asos in a senior role, with her appointment expected to be confirmed today.
Rob Bready, the product director at Asos, is understood to be leaving, as part of the reshuffle. This is despite the internet specialist denying Mr Bready was heading for the exit after he sold £2.6m of shares in July.
Ms Bostock, who resigned from M&S in July, is expected to join Asos and its board in January.
Speculation linking Ms Bostock to Asos first surfaced last November, suggesting the online retailer had wanted her for a long period.
However, Nick Robertson, the chief executive and co-founder of Asos, which declined to comment, is understood to be staying on in his current role.
Ms Bostock spent eight years at M&S and in her final position as executive director of general merchandise was in charge of its entire non-food offer from clothing to homewares.
She had worked for George at Asda before joining M&S.
However, Ms Bostock's last year at M&S was dogged by a below-par performance at the chain, particularly in womenswear.
For the 13 weeks to 30 June, the high street stalwart's UK general merchandise sales tumbled by 6.8 per cent, dragged down by a weak performance in women's clothing. M&S's pre-tax profits fell by 1 per cent to £705.9m for the year to 31 March.
But analysts regard Ms Bostock's expected hiring as a coup for Asos, which attracts 18.8 million unique visitors from 160 countries to its website each month.
She would also be its latest senior hire, as Asos said last week that Brian McBride, the former UK managing director of Amazon, will succeed Lord Alli as chairman from next month.
filmFilm producers sue Warner Bros for $75m over Hobbit films
sportNapoli 2 Arsenal 0: Gunners must now face either Real Madrid, PSG, Bayern Munich, Atletico Madrid or Barcelona in knock-out stages
Swedish stars ask fans for £195 pledges on crowd-funding website
voicesJust when you thought you could find a man, get married, and have a baby by the age of 35... it turns out you’re too late, says Grace Dent
musicAs Mariah Carey and Noddy Holder rake in the royalties from their classics, why there hasn't been a decent festive hit for 20 years?
theatreAuthor Daniel Rosenthal recalls the mishaps that almost brought the curtain down on the likes of John Gielgud and Diana Rigg
lifeAs the Royal Mail plans to phase out deliveries on two wheels, it's no wonder posties are in a spin
musicThe 21-year-old beat Ella Eyre and Chlöe Howl to win the honour
lifeFull of the joys and want to help your fellow man? December isn't the time to do it
techLuke Blackall reports on precision engineered prams and babygros that monitor your child 24-7
Nelson Mandela memorial: ‘Bogus’ interpreter made mockery of Barack Obama’s tribute in Soweto
David Cameron explains selfie with Obama and Helle Thorning-Schmidt at Mandela Memorial
French café starts charging extra to rude customers
Krokodil in Mexico? Teenager hospitalised after 'injecting drug into her genitals'
Australia incest case: Filthy and severely deformed children found in remote farming community after generations of inbreeding
- 1 Nelson Mandela memorial: ‘Bogus’ interpreter made mockery of Barack Obama’s tribute in Soweto
- 2 John McAfee's $100 'anti-NSA' device: 'this is coming and cannot be stopped'
- 3 French café starts charging extra to rude customers
- 4 Is Facebook making us forget? Study shows that taking pictures ruin memories
- 5 Australia incest case: Filthy and severely deformed children found in remote farming community after generations of inbreeding