He succeeds Donna Colaco, who is leaving to pursue other opportunities.
The round includes more than 20 individual investors, such as Mindy Grossman and Leslie Blodgett.
Jewelry, watches, beauty products and puffer jackets are the top choices.
The petition was filed in Delaware.
The futuristic look at retail is a nod to Japanese street culture.
Charming Charlie — long on the watch list of distressed retailers — is closing stores, including its Fifth Avenue flagship.
A transaction could be completed by the end of this week.
The teen retailer posted 11 consecutive quarters of comparable-store sales gains.
Inventories at the end of the quarter rose 8%, reflecting strong sales trends in bottoms, women’s tops and Aerie apparel.
Wage increases and margin squeezes are expected to impact profitability of retail and apparel firms.
Using data to anticipate a need or want is one way to be hyper-relevant.