The impending management change comes less than a month after the company filed for its IPO, following a failed attempt to acquire Avon Products Inc.
The apparel vendor said the acquisition of its Ed Hardy license in 2011 propped up year-ago income.
Men’s retailers are hoping they can continue to shake off the still-fragile economy.
While some titles crowed this week of breaking their own records for the month, other publishers are contending with figures that are much softer than expected.
Executive launched the Brave Circle fund with $6 million from his own personal fortune to start a micro-credit project for families and companies in the area.