By  on February 16, 2009

LaVelle Olexa, Lord & Taylor’s senior vice president and longtime fashion director, is leaving the company on Feb. 27.

Her departure stems from cutbacks and centralization efforts by Hudson’s Bay Trading Co., based in Toronto, which operates Lord & Taylor in the U.S. and The Bay, Zellers, Home Outfitters and Fields in Canada. Hudson’s Bay this month eliminated 1,000 jobs to offset declining business conditions.

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