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BT set to poach Asos chairman

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In this episode we speak to Matt Dalton, consumer sector leader at Forvis Mazars. Matt discussed the biggest challenges facing the retail sector, from cost pressures and wage increases to polarised property markets and geopolitical shocks, and the ways in which retailers can best navigate these. We also explore how short-term cost-cutting could undermine long-term resilience, and how retailers can best remain agile and adaptable in unforecastable times.

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The chairman of Asos, Adam Crozier is reportedly planning on jumping ship over to BT to take up the same role at the company, according to The Sunday Times.

The appointment follows the decision by BT to roll out “full-fibre broadband” to 25 million premises by 2026, having received “favourable terms” in March from the industry regulator Ofcom.

He took on his position as chair at Asos in 2018 and has helped guide the online retailer as it continued to grow in recent years.

Crozier first came to light as a corporate leader at Saatchi and Saatchi, and since went on to become joint head of the advertising agency after its founding brothers left to start a rival group.

He subsequently went on to be chief executive of the Football Association, where he hired Sven-Goran Eriksson as the England manager, and eventually became the chief executive of Royal Mail.

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