Where’s the love? Here’s a riddle…what happens when you are in charge of a women’s specialty chain that is dated (and in need of a serious overhaul), but miraculously post higher second-quarter earnings than expected? You get your pick slip. Or so is the case with Adrienne Lazarus. According to WWD, Christine Beauchamp is taking over as president of Ann Taylor, just as the specialty chain’s parent company, AnnTaylor Stores Corp. is finally seeing better returns!
Beauchamp, who had been a ‘consultant’ to the company and until January was president and chief executive officer of Victoria’s Secret Beauty, is taking over the reins. Beauchamp reports to Kay Krill, President and CEO of AnnTaylor Stores Corp.
Good luck with that! I mean does anyone shop there anymore? Really? I can say that because I worked there during grad school. Oh and be careful the next time you are told your company is hiring a consultant to ‘help you out’…of your job!