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Teen apparel retailer ousts longtime CEO; taps Target exec as head merchant
Rue 21 announced a series of leadership changes as it looks to reinvigorate its brand. In a surprise announcement on Saturday, the retailer said it had appointed CFO Keith McDonough as interim CEO, succeeding Bob Fisch, who has served as president and chief executive of Rue 21 since 2001. -
British retailer sets its sights on U.S.
Wolf & Badger, a strong supporter of emerging fashion brands, is dropping anchor in the United States. Founded in February 2010 by brothers Henry and George Graham, the British retailer will open a 2,500-sq.-ft. flagship in Manhattan’s SoHo neighborhood, in February. Although Wolf & Badger operates two stores in London, it is primarily an e-commerce player, with over 90% of its sales coming from online. But similar to many pure players, it feels a physical space is crucial to connecting with customers.

