J. Crew hires Jan Singer as new chief executive
J.Crew Group has appointed former Victoria’s Secret boss Jan Singer as its new chief executive.
Due to take up her position on 2 February, Singer will join the company’s board of directors and assume responsibility for all aspects of the J.Crew and J.Crew Factory brands and businesses.
Chad Leat, director and chairman of the board of directors, said: “Over the past year, we have made great progress restoring profitability at the J.Crew brand, while further optimising our operations, thereby establishing a strong foundation for long-term growth. Jan’s passion for our brand, focused vision of our potential and deep understanding of the modern consumer will be invaluable in rebuilding the strategic positioning and prestige of our iconic brand and company.”
Singer previously worked with L Brands where she headed up the $4 billion Victoria’s Secret lingerie business. Prior to that, she was chief executive of Spanx and spent 10 years at Nike where she led both the global footwear and clothing teams.
Following the appointment, J. Crew interim chief executive Michael Nicholson will return to his previous role as president and chief operating officer. Meanwhile, Libby Wadle will continue as president and chief executive of J. Crew’s Madewell business.
Leat added: “On behalf of the board, we would like to sincerely thank Mike for his guidance and leadership during this critical interim period. He will continue as a valued and integral leader on the executive team, partnering closely with Jan to drive the business forward.”
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