COHEN OUT AT LAUNDRY
Byline: Katherine Bowers
LOS ANGELES — Andrew Cohen, chief executive officer of Laundry by Shelli Segal, has left his position, WWD has learned.
Paula Schneider, formerly president of sales for BCBG, will succeed Cohen. Schneider, who begins her duties officially next week, will report to Angela Ahrendts, group president and senior vice president of corporate merchandising for Liz Claiborne, which owns the Laundry label.
“Paula’s sales expertise and extensive knowledge of the industry will be of tremendous value as we continue to grow the Laundry by Shelli Segal business,” Ahrendts stated to WWD.
Although Cohen could not be reached for comment, speculation has been circulating here that Cohen might be teaming up with Anthony Podell, founder of Podell Industries and the Laundry brand, on a new venture.
Liz Claiborne acquired the contemporary sportswear brand in October 1999. Shortly afterward, Cohen left his position as president and ceo of moderate sportswear manufacturer Chorus Line to take the top post at Laundry.