{"id":24680,"date":"2020-02-03T08:00:59","date_gmt":"2020-02-03T08:00:59","guid":{"rendered":"https:\/\/www.ceo-na.com\/?p=24680"},"modified":"2020-01-31T20:16:54","modified_gmt":"2020-01-31T20:16:54","slug":"j-crew","status":"publish","type":"post","link":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/news\/j-crew\/","title":{"rendered":"<J. Crew>"},"content":{"rendered":"<p>Jan Singer will become J. Crew&#8217;s new CEO.<\/p>\n<p><!--more--><\/p>\n<p>J.Crew\u2019s yearlong search for a new CEO has ended, and they have turned to Jan Singer,\u00a0former CEO of Victoria\u2019s Secret, another struggling brand, to\u00a0to lead its new turnaround after <a href=\"https:\/\/fashionista.com\/2019\/03\/j-crew-revenue-profits-2018?utm_source=morning_brew\" target=\"_blank\" rel=\"noopener\">an unsuccessful attempt in 2018<\/a>.<\/p>\n<p>Since then, <a href=\"https:\/\/edition.cnn.com\/2020\/01\/28\/business\/j-crew-ceo-jan-singer-victorias-secret\/index.html\" target=\"_blank\" rel=\"noopener\">according to CNN Business<\/a>, the company has been searching for a permanent CEO, and has pointed to Singer&#8217;s &#8220;significant experience in building global consumer brands and consumer and retail leadership&#8221; to choose him as the next leader of the company that&#8217;s been struggling with a $1.7 billion in debt, much of it brought on by a 2011 leveraged buyout.<\/p>\n<p>Singer\u2019s appointment, <a href=\"https:\/\/www.morningbrew.com\/retail\/stories\/\" target=\"_blank\" rel=\"noopener\">according to Morning Brew<\/a>, adds J.Crew to the small but growing list of <a href=\"https:\/\/www.latimes.com\/business\/story\/2019-12-17\/retail-women-executives?utm_source=morning_brew\" target=\"_blank\" rel=\"noopener\">retail companies run by the customers they\u2019re targeting: women<\/a>.<\/p>\n<p><a href=\"https:\/\/www.wsj.com\/articles\/j-crew-hires-former-victorias-secret-executive-as-ceo-11580245080\" target=\"_blank\" rel=\"noopener\">According to the Wall Street Journal<\/a>, during her role as CEO of Victoria\u2019s Secret Lingerie, Ms. Singer pushed the brand to move away from its sexy image and introduce bra styles emphasizing comfort and fit. But the unit of\u00a0L Brands<span class=\"company-name-type\">\u00a0Inc.<\/span>\u00a0continued to struggle with falling sales.\u00a0<a class=\"icon none\" href=\"https:\/\/www.wsj.com\/articles\/victorias-secret-chief-is-out-amid-declining-sales-1542212186?mod=article_inline\" target=\"_blank\" rel=\"noopener\">She left in 2018<\/a>\u00a0after about two years in the job. The\u00a055 years old chief executive had previously been the CEO of Spanx Inc., a maker of intimate apparel, and spent a decade at\u00a0<a href=\"https:\/\/www.ceo-na.com\/business\/management-leadership\/a-change-of-the-guard-at-nike\/\" target=\"_blank\" rel=\"noopener\">Nike<span class=\"company-name-type\">\u00a0Inc.<\/span><\/a><\/p>\n<p>J.Crew\u2019s sales at stores open at least a year fell 2% in the first nine months of the current fiscal year, extending a string of lackluster results.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jan Singer will become J. Crew&#8217;s new CEO.<\/p>\n","protected":false},"author":8,"featured_media":24681,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1338],"tags":[99,1385,3210,3211],"class_list":["post-24680","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-ceo","tag-ceo-northam","tag-j-crew","tag-jan-singer"],"_links":{"self":[{"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/posts\/24680","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/comments?post=24680"}],"version-history":[{"count":2,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/posts\/24680\/revisions"}],"predecessor-version":[{"id":24683,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/posts\/24680\/revisions\/24683"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/media\/24681"}],"wp:attachment":[{"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/media?parent=24680"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/categories?post=24680"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/tags?post=24680"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}