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Aeropostale expands into Chile
New York – Aeropostale Inc. plans to launch the Aeropostale and P.S. from Aeropostale brands in Chile through a licensing agreement with Sociedad Comercial Grupo Yes S.p.A. ("Grupo Yes").
Aeropostale's expansion plans in Chile include the opening of standalone stores, department stores and multi-brand stores in select locations across Chile beginning in spring 2015. The Company's first Aeropostale store is scheduled to open in Parque Arauco in Santiago in October. P.S. from Aeropostale stores are expected to open beginning in early 2015. -
Nine West Footwear reorganizes; CEO out
New York -- Sycamore Partners announced that it has reorganized its Nine West Footwear Group into four separate businesses, each with its own leadership team. The top leadership has changed as well, as the company announced Nine West Footwear Group CEO Kathy Nedorostek has stepped down. She will be replaced in the interim by Andrew Hede, a turnaround specialist and managing director with Alvarez & Marsal in New York.