Company founder Robertson to step down as Asos chief

Nick Robertson, chief executive officer of internet fashion retailer Asos Plc., poses with models Mariel Booth and Elodie Bonis in London, U.K., on Tuesday, Dec. 4, 2007. Asos Plc, a U.K. Web fashion retailer specialize in replicas of celebrities' clothes. Photographer: Frantzesco Kangaris/Bloomberg News.

Chief executive Nick Robertson is to step down from Asos, the UK's largest online-only fashion retailer, 15 years after he co-founded the business.

Robertson will remain with the company as a non-executive director, London-based Asos said in a statement yesterday. His replacement will be chief operating officer Nick Beighton.

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