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Bebe stores appoints Jim Wiggett as CEO
18
Dec '14
Bebe stores, a leading global women apparel retailer, has appointed Jim Wiggett as the Chief Executive Officer (CEO) of the company, effective immediately.

Wiggett has been serving as interim chief executive officer since June 2014.

Wiggett has 40 years of experience in retail and business. Prior to joining Bebe, he provided advisory services to the company for five years. He is the founder of the Jackson Hole Group, a strategic consulting group, and has previously held a number of senior executive positions, with several high-profile companies, including the Charles Schwab Corporation, Duty Free Stores (DFS), and most recently Moet Hennessey Louis Vuitton (LVMH).

Manny Mashouf, chairman of the Bebe Board of Directors said, “Since Jim joined as Interim Chief Executive Officer in June, we have been extremely pleased with his contributions and the strategic direction of the company.”

“Jim has made considerable progress in executing our turnaround strategy. We have been impressed with his leadership and results orientation during his interim assignment and are highly confident in his ability to lead the Company. We look forward to the future successes that Mr. Wiggett will bring to the Bebe brand,” he added.

Wiggett said, “I am delighted with the opportunity to serve as CEO of Bebe. I have tremendous respect for the heritage of the Bebe brand and have developed a real affection for the organization. I believe we can be successful both in our turnaround strategy and in positioning our company for long term growth.”

Bebe stores designs, develops, and produces a distinctive line of contemporary apparel and accessories for women under the Bebe, Bebe sport, and bbsp brand names. Bebe currently operates 175 Bebe retail stores including the online store, and 35 Bebe outlet stores. (GK)

Fibre2fashion News Desk - India

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