New blood at the struggling brand with Daley coming from Billy Reid and Augustinus Bader.
Despite a trillion euro rescue package, Galeria Karstadt Kaufhof and Esprit are among those who found it easier to head straight to court to file for Chapter 11-style protection.
Currently, mainland China contributes just 3.7 percent of revenue for the brand.
The struggling brand said it would drastically cut staff at its headquarters and simplify its assortment to turn around the company.
A weak underlying business, store closure costs and accounting changes spell difficulty for the retailer.
Its Peking Road store was unable to draw shoppers across the road from Harbour City, according to source.
The sportswear brand is struggling in the face of shopping and industry changes.
Two environmental organizations collaborated on a map linking apparel brands to their Chinese factories.