ASOS director Cross to exit board at 2027 AGM

ASOS non-executive director Christine Cross will leave the board at the fashion retailer’s next annual general meeting, expected in early 2027. Cross, who joined in April 2024, will not stand for re-election, citing other personal and professional commitments.

The departure comes as ASOS works through a turnaround plan that has focused on cutting inventory and restoring margins after a post-pandemic slump. Cross’s exit does not signal a shift in strategy, the company said. She was one of several non-executives appointed after a board refresh in 2024.

ASOS shares have risen about 12% this year, partly on improved gross margins and a leaner stock position. The retailer reported a narrower pretax loss in its most recent half-year results, helped by fewer clearance sales and tighter buying.

The AGM date has not been set. Cross’s departure will leave the board with eight directors, including Chair Jørgen Lindemann and CEO José Antonio Ramos Calamonte.