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Shuffle Board: Limited Stores Interim CEO Exits, Denham Nabs Two Tommy Hilfiger Veterans

Rivet's 2020 Denim Circularity report takes a deep dive into how the global denim industry is plotting its circular future amidst a worldwide pandemic.

Ascena Retail Group Inc.

David Jaffe was appointed as the chairman of Ascena Retail Group’s Board of Directors. Jaffe currently serves as the company’s CEO and president. His predecessor, Ascena Retail Group co-founder Elliot S. Jaffe, retired as non-executive chairman of the Board of Directors after the company’s 2016 Annual Meeting of Stockholders.

Tailored Brands

Former Gap SVP of corporate finance and investor relations Jack Calandra was tapped as Tailored Brands’ new EVP, chief financial and treasurer. In his new role, Calandra will manage accounting, corporate finance, investor relations and treasury for the company. Calandra has held previous leadership positions at Gap Inc., where he served as Banana Republic’s CFO, Gap Direct’s CEO and Gap International’s CFO for more than 10 years.

Lululemon Athletica

Celeste Burgoyne was promoted to the role of Lululemon Athletica’s EVP of retail, Americas. Burgoyne recently served as the company’s SVP, retail, North America where she was responsible for all Canadian and U.S. retail operations. Previously, Burgoyne held the positions of VP of store operations and general manager of U.S. operations at Lululemon Athletica. Her resume also includes stints at other major retailers, including Abercrombie & Fitch.

Marks & Spencer

Marks & Spencer chairman Robert Swannell will retire from the Board of Directors in 2017. Since 2010, Swannell has contributed greatly to the company’s retail transition. He will continue his role until senior independent director Vindi Banga locates the next M&S chairman.

Limited Stores

Interim CEO John Buell is leaving The Limited. Buell joined Altar’d State, a women’s fashion chain based in Tenn., as the company’s new SVP and CFO. Buell served as The Limited’s interim CEO for two months, after CEO Diane Ellis left the company in October to pursue other retail opportunities. Buell’s exit follows The Limited’s latest financial troubles, which could potentially lead to a sale of the company and more corporate layoffs.

Denham

Ludo Onnik was named as Denham’s new CEO. Onnik joins Denham from Tommy Hilfiger Europe, where he co-founded the brand with Fred Gehring and formed management for Pepe Jeans Corporation. He will succeed Denham founder Jason Denham, who will become the company’s chief creative officer. Gehring was also appointed as Denham’s new non-executive chairman.

Liberty Interactive

Richard N. Barton was elected to Liberty Interactive’s Board of Directors. Liberty Interactive currently operates many digital commerce businesses, including the QVC Group. Barton is the co-founder and executive chairman of Zillow Group’s Board of Directors and co-founder and non-executive chairman of Glassdoor.com’s Board of Directors.

Band of Outsiders

Band of Outsiders is undergoing a major creative change to refocus its market appeal. The fashion label’s original Scandinavian designers will be succeeded by brand director Daniel Hettmann and designer Angelo Van Mol. The Spring 2017 collection will also not be produced, after receiving much criticism for style changes. Band of Outsiders’ Fall 2017 collection will cull inspiration from the brand’s original West Coast prep style.

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