The Children’s Place, Inc. has announced the exit of President of Global Product Pamela Wallack and Chief Financial Officer Anurup Pruthi, causing company stock to dip by 13 percent after a week-long high streak.
The New York-based consumer brands group has announced the appointment of industry veteran Karen Castellano as president of the company’s fashion division. She brings more than 30 years of experience to the position.
Deckers has named William L. McComb, former CEO of Liz Claiborne, Inc., to its Board of Directors, hoping to tap his experience leading e-commerce and omni-channel initiatives, and turning retail brands around.
Delta Galil has promoted Amy Price to senior vice president of its men's and active divisions. She will be based in the company's New York office and oversee all production, design, and sales for the divisions.
French investor Eurazeo, which has major holdings in Moncler and Desigual, wants more fashion investments after launching Eurazeo Brands, to expand into "European and US brands with international growth potential."