BABYGAP RECALL: The Consumer Product Safety Commission announced a voluntary recall Thursday of more than 20,000 babyGap children’s coats sold in the U.S. and Canada. The toggle fasteners pose a risk of choking for children because they could be detached, the commission said. Three styles of the coats were sold between October 2008 and April 2009 in infant sizes up to 24 months and priced between $20 and $50 at Gap, babyGap and GapKids stores. Gap agreed to offer a full refund for any coats returned, plus a 20 percent off coupon toward the purchase of another item for any coat returned before Aug. 31.

FREDERICK’S NEW CHAIRMAN: Thomas Lynch, chief executive officer and a director of Frederick’s of Hollywood Group Inc., has added the post of chairman. Peter Cole, who had served as chairman, will continue as a director of the company. Cole’s services had been provided to Frederick’s through Performance Enhancement Partners LLC, and the consulting agreement between Frederick’s and Performance is being terminated, effective May 23. Cole had served as executive chairman and lead director at Frederick’s for the last two years.

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