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Gap vet named Frederick’s of Hollywood president
New York City -- Frederick's of Hollywood said Wednesday it has named former Gap executive Don Jones as its president and COO. He will be charged with helping to revitalize the Frederick’s Hollywood brand on an international scale.
Jones, most recently a retail consultant, was senior VP of stores and operations for Gap, where led the rollout of the Gap Body line. -
Esprit to divest North America operations, looking to offload 93 U.S. stores
Hong Kong -- On the heels of a 98% drop in its yearly earnings, Esprit Holdings said it is divesting its North American businesses and exiting three major European markets.
The company said it is actively looking for a partner willing to acquire its North American operations, which include 93 stores in the United States.