Fashion News: A&F President Exits, Hollister Executive Oversee All Abercrombie & Fitch Co. Brands

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Abercrombie & Fitch Co1

American retailer Abercrombie & Fitch Co. is going through some changes in the final quarter of 2015.

The brand said Fran Horowitz, who serves as president of the company’s Hollister banner, “has been promoted to a newly create role of president and chief merchandising officer and will oversee all of the retailers retail brand,” according to WWD.

Horowitz joined the company as president of Hollister last year (October of 2014). In the past, she served variety of roles at Express Inc., Bloomingdales, Bergdorf Goodman, Bonwit Teller and Saks Fifth Avenue.

Christos Angelides, who was the president of Abercrombie & Fitch since October 2014, has left the company only a little over a year. The retailer will name new presidents for each of its brands.

Horowitz reports directly to executive chairman Arthur C. Martinez.

In a statement, Martinez said the company continues to make ‚Äúencouraging progress executing on its strategy to provide compelling, customer-focused shopping experiences based on clearly defined brand positions.‚ÄĚ He added that Horowitz‚Äôs ‚Äúmerchandising skills and her exceptional leadership, which has inspired associates to focus all their efforts on an intense understanding and commitment to our customers, has ignited a turnaround at our Hollister brand. This promotion provides [Horowitz] the opportunity to play an even greater role in our future success as we focus on building shareholder value by positioning each of our brands for sustainable growth.‚ÄĚ

The company said¬†Horowitz will have responsibility ‚Äúfor all customer-facing activities across the company‚Äôs brands,‚ÄĚ which includes merchandising and design as well as planning and inventory management. Horowitz is also charged with marketing the brands. ‚ÄúAt the appropriate time, the company expects to name new presidents for each of its brands, who will report to Horowitz,‚ÄĚ the retailer added.

Photos Credit: AP

Source: WWD

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Donovan

Donovan is the CEO and Editor-In-Chief of www.dmfashionbook.com. For all general inquiries please email don@dmfashionbook.com Donovan has a BA in Journalism & Media Studies from the prestigious Rutgers University. He's currently studying entertainment and fashion law.