Though J. Crew Group recently emerged from bankruptcy, the J. Crew brand still requires a turnaround.
Meghan Frank will take over the position Nov. 23.
Company shares fell more than 33 percent during Monday’s trading session as a result.
The exhibition features painted portraits, photographs, sculptures, campaign buttons and other first lady ephemera.
Major brands and retailers are declaring Election Day as a paid holiday or giving employees paid time off to ensure they can vote in the upcoming presidential election.
It is understood that the closures will result in the loss of about 75 jobs in London, where J. Crew also had a head office.
After months of being closed, the Upper East Side museum will reopen Saturday.
The bankrupt retailer’s unsecured creditors argue that its enterprise value is $2.9 billion rather than the $1.8 billion company estimate.
A comprehensive look at the many ways the coronavirus has severely hit brands across the industry.