Asos appoints interim CFO

Asos has appointed Sean Glithero as the company’s interim chief financial officer (CFO).

Glithero will step in once Katy Mecklenburgh leaves the role in May, but has already joined the online retailer for a “thorough handover”.

He has worked across a number of digital and fashion business across his 28-year finance career, including 10 years as a CFO.

During this time he has worked for Auto Trader Group, Funding Holdings, and most recently MatchesFashion.

The move is part of the company’s wider strategy for “reinforced leadership” and a “refreshed culture”.

Over the past four months, the fast fashion brand said that it has simplified decision-making processes within the organisation and built a “stronger” leadership team.

The 12-person team covers creative, product, trading, supply chain, technology, marketing, finance, strategy, people and communications, and will be focused on the delivery of the Driving Change initiatives.

Asos has filled 75 per cent of these roles through internal talent and key strategic hires.

Further updates on its leadership team will be announced with its interim results.

The news comes after Asos revealed that revenue declined by four per cent in the last few months of 2022, as the company faced “challenging trading conditions”.

During the same four-month period, the British online fashion retailer reported a drop in UK sales of eight per cent, attributing the loss to “weak consumer sentiment”.

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