-
Ann Inc. names new president for Ann Taylor division amid slumping sales
New York City -- Ann Inc. said that the president of its Ann Taylor brand, Christine Beauchamp, is leaving to pursue other opportunities. She will be replaced by Brian Lynch, who had been president of the Ann Taylor Factory and Loft Outlet divisions and led the website sales for those brands.
The news came as the chain cut its revenue prediction for the quarter that ended in January to a level below analyst expectations, citing slumping sales at its Ann Taylor stores.
-
Macy’s appoints a new chief stores officer, and a new CMO
Cincinnati -- Macy’s Inc. announced that Peter Sachse, the company's chief marketing officer and chairman of Macys.com, will succeed Ron Klein as chief stores officer, effective Feb. 13. Klein will retire from Macy's effective March 31, after 36 years with the company.
Martine Reardon, executive VP marketing, will succeed Sachse as Macy’s chief marketing officer, effective Feb. 13.