J.Crew losing another exec

J.Crew’s chief marketing officer Vanessa Holden is leaving the business, according to Business of Fashion.

Holden, who has been in the role for just one year, was a part of the recent relaunch of the brand.

The news comes on the heels of the J.Crew’s announcement on Saturday that CEO Jim Brett was stepping down, effective immediately.

Brett said in a statement that despite having seen positive results from the brand’s relaunch, he and the board had been unable to agree on how to continue its evolution.

GlobalRetail Data managing director Neil Saunders believes Brett’s exit has left the brand leaderless at a pivotal moment.

“The suddenness of the exit suggests there is a tussle over how to develop the brand among the various senior stakeholders,” Saunders said, noting that the brand’s management had been an issue since before Brett arived.

“If the departure of Jim Brett hails the return of these unrealistic attitudes, J.Crew is going to slip back and undo all of the progress made to date. Given the precariousness of its financial position, this is a mistake it cannot afford to make.”

A spokeswoman told Ad Age the two exits are unrelated, and that Holden had resigned in advance of Brett.


Comment Manually

I have read and agree to the Terms and Conditions and Privacy Policy.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Inside Retail Polls

How have private-label products impacted your business?


The shock @LiberalAus victory over the weekend could be good news for Australia's retail industry #retail #auspol https://t.co/qFvHayoF2Q

7 days ago

A new initiative, announced by @google at #CopenhagenFashionSummit,will help to understand the environmental impact… https://t.co/VmLrRHHp3p

2 weeks ago

Rising competition and crude oil prices have impacted @CaltexAustralia net profits in the first quarter of 2019… https://t.co/OE4VaIIReR

2 weeks ago

FREE NEWS BRIEFS Get breaking news delivered