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Bluefly appoints new CFO
NEW YORK — James Gallagher was named CFO at Bluefly, an online retailer of designer brands founded in 1998 in the heart of New York’s fashion district.
Gallagher comes to Bluefly with more than 33 years of financial, strategic and operations experience with growth oriented international, entrepreneurial and corporate entities across a broad range of industries, including Internet-focused marketing, e-commerce, entertainment and technology companies.
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Discount apparel remains in style
TJX Companies reported a 3% comp increase on top of a prior year gain of 4% while Ross Stores said posted a comp increase of 2% compared to last November’s 5% comp increase.
Total sales at TJX increased 7% to $2.2 billion during the November reporting period and so far this year sales at the company have advanced 10% to $20.3 billion. Total sales for November at Ross increased 6% to $813 million and so far this year are up 11% to nearly $7.8 billion.