Home / Knowledge / News / Apparel/Garments / New York & Co names Gregory Scott as CEO
New York & Co names Gregory Scott as CEO
03
Feb '11
New York & Company Inc, a specialty apparel chain with 555 retail stores, announced in accordance with its succession plans the promotion of Gregory Scott, President, to the role of Chief Executive Officer effective February 12, 2011.

As previously announced, Richard P. Crystal, current Chairman and Chief Executive Officer, will retire from the Company and its Board of Directors effective February 11, 2011. Grace Nichols, who has served as a director since March 2008, will assume the role of Non-Executive Chair of the Board effective February 12, 2011. Mr. Scott will remain a director of New York & Company's Board, which will be comprised of ten members.

John D. Howard, CEO of Irving Place Capital and a member of New York & Company's Board of Directors, commented: "On behalf of the Board, I would like to recognize and thank Richard for his many years of service. Together, we brought the Company public in 2004 and he has been a trusted and valued management partner for the past eight years.

“We look forward to Greg building on Richard's good work and we congratulate Greg on his promotion to his new role as Chief Executive Officer. Greg has had a seamless transition since joining the Company in June of 2010, setting in place a number of initiatives to position the Company for improved profitability and long-term sustainable growth. I am confident that his strong leadership skills and business acumen along with the talented organization that he has assembled will enable New York & Company to achieve its goals and, importantly, increase value for the Company's stakeholders.

“Additionally, Grace's extensive experience in the retail industry and her unique ability to understand and analyze the operational and management challenges associated with large retailers has been of great benefit to New York & Company since she joined the Board in 2008. We look forward to her leadership as Non-Executive Chair and continued valuable counsel to Greg and the New York & Company management team."

Mr. Scott brings more than 20 years of retail industry experience to New York & Company. He previously served as Chief Executive Officer of Bebe Stores, a specialty retailer of contemporary women's apparel and accessories. Prior to Bebe, Mr. Scott served as President of Arden B., a division of Wet Seal, Inc. Mr. Scott has also held senior level merchandising positions at Ann Taylor Stores and was a merchandiser at Henri Bendel, a division of The Limited. Mr. Scott began his retail career in the executive training program at Macy's West, a division of Federated Department Stores, Inc., where he held several merchandising positions.

Ms. Nichols spent more than 20 years at Limited Brands, including 14 years as Chief Executive Officer of Victoria's Secret Stores from 1992 until she retired in January 2007. From 1986 to 1992, she served as Executive Vice President of Victoria's Secret Stores. Prior to joining Limited Brands, Ms. Nichols held various senior merchandising positions in teen's and women's apparel at The Broadway Southern California divisions of Carter, Hawley, Hale, Inc. Ms. Nichols currently sits on the boards of directors of Pacific Sunwear and Men's Wearhouse, both publicly-traded companies.

New York & Company Inc


Must ReadView All

Textiles | On 27th Jun 2017

Govt defers tax deduction at source provision under GST

E-commerce players in India will not be required to deduct tax on...

Apparel/Garments | On 27th Jun 2017

Future Group aims Rs 12,000 crore in fashion business

Future Group, which runs retail stores across India under various...

Textiles | On 27th Jun 2017

AEPC & NSDL to help exporters with GST compliances

Apparel Export Promotion Council (AEPC) and National Securities...

Interviews View All

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Manuj Terapanthi
Texaura

Transparent supply chain and fair trade will boost sustainable market

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Sanjukta Dutta
Sanjukta's Studio

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

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

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

news category


Related Categories:
July 2017

July 2017

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

SUBSCRIBE


Browse Our Archives

GO


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