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Eddie Bauer CEO to leave company
Seattle -- A Tuesday report by the Seattle Times said that Eddie Bauer chief Neil Fiske, who joined the retailer in 2007 and led it through bankruptcy, will leave his post effective March 2.
The company has not given a reason for Fiske’s sudden departure. David Chamberlain, executive chairman, will serve as interim CEO until a permanent replacement is named. Fiske will remain with the company as a consultant to ensure a smooth transition.
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Saks goes casual with style
NEW YORK — Even the most fashionable women like to dress down on occasion, and Saks Fifth Avenue has answered the call by expanding its proprietary offerings into casual wear. The retailer has announced the launch of 9|15, which the company says incorporates runway-centric style to the adventurous and ambitious woman. The line’s debut follows the 2011 launch of the Saks Fifth Avenue Collection, and will be featured in the "Wear Now" area of Saks stores around the country.