ASOS warns on profit, CEO Beighton steps down ASOS , the British online fashion retailer, has parted company with Chief Executive Nick Beighton, as it warned that higher logistics costs and supply chain disruption could force 2022 profits to drop by more than 40%. Asos chief Nick Beighton steps down as retailer warns on profitsThe online fashion retailer Asos has announced the departure of its chief executive Nick Beighton and warned that profits will be hit by rising costs and supply chain disruption. Asos boss to leave firm as profits jumpThe online fashion giant's chief executive has agreed with the board to step down. Asos boss quits as firm warns profits could nosedivePlus, online retailer's journey from digital trailblazer to fashion victim Asos boss exits as firm warns profits to plungeThe online fashion giant's chief executive is stepping down as it warns rising costs will hit profits. ASOS shares plunge as supply chain strains darken sales and profit outlookThe online fashion retailer reported another year of profit growth but predicted a tougher time in the months to come as widely-publicised supply problems across the economy take their toll. Jacamo owner N Brown hails momentum amid turnaround planThe retailer reported that adjusted pre-tax profits increased by 7.1% to £24.2 million for the six months to August 28.