The struggling apparel group has announced that it is considering an IPO for its Madewell business, further revealing that Michael J. Nicholson will be taking over as the company’s interim CEO, effective immediately.
One of the abiding mysteries in luxury is the far greater ability of Paris brands to outperform their venerable, respected and often very classy London rivals. Dunhill may be about to become a significant exception.
Women's apparel and accessories chain Christopher & Banks has announced Richard Bundy as its new senior vice president and chief financial officer. Bundy will lead finance and accounting, distribution and logistics.
Wanda Gierhart is stepping down from the American luxury specialty department store after working 7 years as Senior Vice President and Chief Marketing Officer. She is leaving to focus on other interests.