HBC sees Burstell engaged in bringing innovative concepts to all of its divisions.
A product and marketing executive at Yves Saint Laurent, he will take over Isabelle Guichot's role.
Hats are making a comeback just in time for summer in the capital.
Sydney Finkelstein, professor of strategy and leadership at the Tuck School of Business at Dartmouth College, weighs in on J.C. Penney and Ron Johnson.
Hollywood and Washington came together at the annual event.