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Fashion Jobs
LEVI'S
Manager - Global Logistics Operations
Permanent · Hong Kong
SHISEIDO
Manager - Talent Management, Human Resources
Permanent · Hong Kong
SHISEIDO
Senior Manager - Marketing, Shiseido And Drunk Elephant
Permanent · Hong Kong
PUMA
Specialist, IT Service Delivery
Permanent · Hong Kong
AESOP
Digital Project Manager, Asia
Permanent · Hong Kong
SHISEIDO
Senior Officer/Officer - Business Planning, Nars And Bare Minerals
Permanent · Hong Kong
PUMA
Executive, Sales
Permanent · Hong Kong
SHISEIDO
Assistant Manager - Demand And Operations Planning, Ipsa
Permanent · Hong Kong
PUMA
Garment Technician
Permanent · Hong Kong
PUMA
Senior Manager Technical Material Apparel
Permanent · Hong Kong
SHISEIDO
Manager - Retail Experience And Operations, Nars
Permanent · Hong Kong
SHISEIDO
Manager - Marketing, Shiseido Fragrance Division And dg Beauty
Permanent · Hong Kong
AESOP
Retail Consultant | Hong Kong And Macau
Permanent · Central
SHISEIDO
Contract Accounting Officer, Finance And Accounts
Permanent · Hong Kong
SHISEIDO
Senior Manager, Finance And Accounts
Permanent · Hong Kong
FOOT LOCKER, FOOT LOCKER
Sales Associate - Part Time (Asia, Hong Kong) New Town Plaza
Permanent · Hong Kong
TIFFANY & CO
Client Advisor
Permanent · Quarry Bay
LULULEMON
Educator (Seasonal) | Elements
Fixed-term · Hong Kong
LULULEMON
Assistant Manager | Elements
Permanent · Hong Kong
SHISEIDO
Assistant Content Communications Manager, Nars
Permanent · Hong Kong
AESOP
Reward Analyst
Permanent · Hong Kong
PUMA
Intern Sourcing Strategy & Projects
Internship · Hong Kong
By
Reuters API
Published
Aug 5, 2021
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Mike Ashley set to step down as Frasers CEO next year

By
Reuters API
Published
Aug 5, 2021

Mike Ashley, British retailer Frasers' founder and biggest shareholder, will likely step down as chief executive next year and be succeeded by Michael Murray, the group's "head of elevation", it said on Thursday.


Flannels



"The board of Frasers is now in discussions with regards to transitioning the CEO role from Mike Ashley to Michael Murray over the course of FY22," it said.

"It is currently proposed that Michael Murray will assume the role of CEO on 1 May 2022."

Ashley, who founded the firm that was previously called Sports Direct in 1982 and retains 64% of its equity, will remain an executive director. The firm owns chains including Flannels and House of Fraser.

Ashley, held the title of executive deputy chairman when Sports Direct floated in 2007 until 2016 when he became CEO. Murray is the partner of Ashley's daughter Anna and is currently its "head of elevation".

That job has made him central to Frasers' strategy to modernise and go upmarket - the elevation strategy.

Ashley's long-stated desire is to make Frasers the "Selfridges of sport", emulating the status of the London department store.

"The board consider it appropriate that Michael leads us forward on this increasingly successful elevation journey," said Frasers.

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