NEW YORK — Industry odds are on Ann Taylor Stores Corp. picking an insider to run the Ann Taylor Stores division — and soon. That’s because outsiders just don’t seem to work out there, no search firm has been retained and there’s a sense of urgency at the troubled chain.

According to sources, Kay Krill, president of the smoother-running Loft division, could be reassigned to oversee both divisions, continuing to report to J. Patrick Spainhour, chairman and chief executive officer of the $1.4 billion corporation. The company doesn’t want to lose her at Loft, considering that chain has been on a growth track, but they need a strong merchant at Ann Taylor Stores as well.

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus