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Shake-up at Francesca’s; company taps former Signet Jewelers chief as CEO, chairman
Houston — In its surprise change of leadership, Francesca's Holdings Corp. named Michael W. Barnes as chairman, president and CEO, effective immediately. He joins Fancesca's after serving as CEO of Signet Jewelers since 2011, and leading the company’s $1.46 billion acquisition of Zale Corp. Barnes left the Ohio-based Signet in October, saying he wanted to be closer to his family in Dallas. -
H&M’s upscale COS brand opens in SoHo
New York — Swedish fashion giant H&M’s higher-end brand COS will make its New York debut on Friday, in the SoHo section of Manhattan. It’s the brand’s second U.S. store—the first, in Los Angles, opened in October.
COS, known for its clean lines and minimalist look, targets a more sophisticated customer than the more value-priced H&M. The SoHo store has a upmarket feel and gallery-like look, enhanced by the use of glass and white-washed wood.

