By  on March 6, 2019

Women’s specialty retailer Chico’s FAS Inc. hired a new brand president to turn around its namesake division and reported another weak quarterly performance that illustrates just how badly that turnaround is needed.

Nordstrom veteran Karen McKibbin will join the Fort Myers, Fla.-based company as president of the Chico’s brand at the beginning of next month, replacing Diane Ellis, who departed in November after only two years on the job following a leadership shakeup.

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