Home / Knowledge / News / Apparel/Garments / Rachel Ungaro & Jim Ferree to support Fashion Bug brand
Rachel Ungaro & Jim Ferree to support Fashion Bug brand
10
Feb '09
Charming Shoppes Inc announced the appointment of Anthony M. Romano as Executive Vice President - Business Transformation, effective immediately. Romano will report to Alan Rosskamm, Interim Chief Executive Officer and Chairman of the Board of Directors of Charming Shoppes Inc.

Additionally, the Company announced that Bill Bass has been appointed Interim President of the Company's Charming Direct division, also reporting to Rosskamm. The Company also announced the promotion of Rachel A. Ungaro to Sr. Vice President, General Merchandising and the appointment of James A. Ferree as Sr. Vice President, General Merchandising, both of the Company's Fashion Bug brand.

Romano will be responsible for executing the Company's business transformation and restructuring and cost reduction programs. The objectives of these programs include improving and simplifying critical processes, consolidating activities and infrastructure, and reducing the Company's expense structure.

Romano served as Executive Vice President of Ann Taylor, Inc. from 2004 through 2008, with responsibilities that included Supply Chain and Corporate Operations. He joined Ann Taylor in 1997 as Sr. Vice President of Logistics, and later assumed additional responsibility for Purchasing Operations prior to his appointment as Executive Vice President. From 1988 through 1996, Romano held a number of financial and operational roles at Charming Shoppes, Inc., culminating in his appointment as Vice President of International Operations.

Alan Rosskamm said, "Tony's appointment as Executive Vice President underscores our commitment to transforming and simplifying our business and refocusing our energies on our core retail brands - Lane Bryant, Fashion Bug and Catherines. His responsibilities will include the oversight and execution of a number of transformational projects that we are currently undertaking.

Tony will also have responsibility for executing on our plan to achieve net cost reductions of approximately $100 - $125 million over the next two fiscal years, with more than $75 million expected to be realized in fiscal year 2010."

Rosskamm continued, "The transformation of our merchandising processes and the attainment of significant cost savings through our restructuring plan will position us for significantly improved operating performance for the future, in addition to further strengthening our balance sheet and liquidity. We welcome Tony and look forward to his contributions to Charming Shoppes."

In his executive leadership role as Interim President of Charming Direct, Bass will have responsibility for the Company's direct-to-consumer and e-commerce businesses, including the Company's retail brands' related e-commerce businesses.

He will also be responsible for the oversight of the development of an entirely new and upgraded e-commerce platform, and the development of additional direct-to-consumer businesses that directly service the Company's core brands - Lane Bryant, Fashion Bug and Catherines.


Must ReadView All

Textiles | On 26th Jul 2017

Q1 2018 revenue at Raymond soars 14%

The consolidated revenue of Raymond Limited for the first quarter of...

Textiles | On 26th Jul 2017

Textile Corp of America to create 1000 jobs in Tennessee

Textile Corporation of America Inc, a leading textile manufacturer,...

Textiles | On 26th Jul 2017

Leather & footwear industry expecting incentive package

India’s leather and footwear industry is anticipating an incentive...

Interviews View All

Jim Desai
Blaiva Fabricaa

Fashion industry likely to remain labour-intensive in coming years

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Hannah Lane
Redress

Encouragement from brands will motivate supply chains to become more...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X