CEO Before Leaving J.Crew, American Fashion Group
In January 28th, J.Crew Group, the fashion group of the United States, announced that the former CEO Jan Singer, who appointed the secret name brand of the American underwear brand in Vitoria (Victoria s Secret hereinafter referred to as "Wei Wei"), was the new CEO of the group and was formally appointed in February 2nd. Previously, Michael J. Nicholson, a temporary chief executive, will return to her original position and remain president and chief operating officer of the group.
At the same time, Jan Singer will also join the board of J.Crew Group, which is responsible for managing the related issues of J.Crew brand and J.Crew Factory brand.
Jan Singer has rich experience in the consumer goods industry, has served as vice president of the global footwear department of the US sports giant Nike (Nike) and vice president of global apparel department, and has successfully launched several bursts including Nike Flyknit and Nike Free series. From 2014 to 2016, she served as CEO of Spanx, a underwear and body building company. She served as CEO of 2016 from 2018 to 2018.
Chad Leat, chairman of J.Crew group, appreciates Jan Singer's capability in brand wide channel business development and digital reform. He said that through their efforts, the profitability of the flagship brand J.Crew has improved, and the group's operational capability has also been enhanced, which has laid the foundation for long-term stable business development. He believes that Jan Singer will help the group to further stabilize its brand through her wealth of knowledge in the consumer goods industry.
In the third quarter of this fiscal year ending November 2, 2019, J.Crew Group sales grew 1% to $626 million over the same period last year, and net losses expanded from $5 million 700 thousand last year to $19 million 900 thousand.
In September 2019, J.Crew Group intended to separate its eye-catching Cowboy brand Madewell from its independent listing, maximizing its brand value in this way, so as to solve the debt maturity problem that the group will face in 2021.
Source: magnificent ambition
- Related reading
In Another Case, The Clothing Company Won The Help Of The Epidemic Fashion Company.
|
The Epidemic Affects Levi' S Closes Half Of China'S Stores And Prohibits Employees From Entering China.
|
- financial news | A Depth Adjustment: Short Term Adjustment In The Bottom, Long-Term Upward Trend Does Not Change.
- Expert commentary | Pull The Whole Body: At A Very Moment, Auto Parts Are Waiting For Work.
- Expert commentary | A Number Of Car Companies Delayed To Return To Work: Affecting Or Affecting The Global Market
- Expert commentary | Car Market Enveloped By Epidemic Situation: Demand Postponed "Organic In Danger"
- Expert commentary | Food And Cold Winter Triggered The "Butterfly Effect": Takeaway Staff Income Sharply Reduced O2O More Initiatives Winter
- Expert commentary | Basic Industry Strain: Steel Mills Are Facing Insufficient Capacity And Refineries Are Preparing For "Minimum Load Operation".
- Expert commentary | Psychological Intervention Needs More And More Active Psychological Intervention.
- Fabric accessories | Textile And Clothing Sector 3 Anti Epidemic Products Manufacturers Limit
- Fabric accessories | Prevention And Control Of Epidemic Situation, Shandong Textile Enterprises In Action
- Daily headlines | How To Deal With Rubbish Like Waste Masks? Authoritative Guidance Came.
- On The First Day After The Holiday, The Value Of 211 Textile And Clothing Stocks Evaporated Nearly 80 Billion, And The Two Quarter Could Be Stable And Slow Recovery.
- Film And Television Companies Find The Way: When The Shuffle Period Is Encountered, The Group Stops.
- There Is More Clustering Epidemic And Family Communication Becomes The Focus Of Prevention And Control.
- New Crown Pneumonia Is Difficult To Track: Can The Image CT Be Standard?
- Race Against The "New Crown" Virus: Multiple Antiviral Drugs For Clinical Treatment
- Wuhan Volunteers Under The Epidemic: The Warm Heart Retrograde Man In Cold Winter
- Passengers In Hong Kong And Macau Declined By More Than 90%, And Tourism And Retail Businesses Were Under Heavy Pressure.
- Two Days To Spend 23 Billion 100 Million Yuan To Increase A Shares, Overseas Capital Shored Up To Make Up For The Tide.
- Net Value "Dystocia", Redemption High Pressure: Public Offering Overtime To Deal With Post Market Quotations
- IPO Under The Impact Of The Epidemic: Investment Bank'S Potential Impact On Hubei Project Evaluation