NEW YORK — The president of the Ann Taylor division of Ann Taylor Stores Corp., Kim Roy, resigned Thursday, leaving unfilled her mission to turn around the long-struggling women’s chain.
The company said Roy resigned "for personal reasons." The decision was surprising, considering she was continuing to build the team as recently as about a month ago, when she hired some new executives, including a designer. However, there has been speculation that Roy never felt comfortable with the culture at Ann Taylor, which is led by chairman J. Patrick Spainhour. She joined Ann Taylor in May 2001, after serving as head of several divisions at Liz Claiborne.
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"