Smith joins Abercrombie from Caleres where he served most recently served as Chief Marketing Officer. In this new role, he will report to Fran Horowitz, Abercrombie President and Chief Merchandising Officer.
Fashion giant Ralph Lauren Corp, whose designs clothe Hollywood's red carpet stars, has unveiled plans to trace wood pulp used in its clothes to avoid buying from regions destroying forests or violating human rights.
The Ohio-based retailer will likely declare bankruptcy and possibly a liquidation as early as this week or next. Analysts cite the chain's dependency on shopping mall traffic as the reason for its downfall.
Six US retailers will no longer require hourly employees to check whether they are still needed for work and risk having their scheduled shifts canceled with little notice, the NY Attorney General will announce Tuesday.