Seminole, Fla. — Superior Group of Companies, Inc. has appointed Michael Koempel to the role of chief financial officer (CFO), effective May 31, 2022. He previously served as COO of various major retail brands. Koempel, with more than 30 years of broad financial experience, has an impressive record of building and scaling high growth apparel and retail brands. Most recently, Koempel was chief operating officer of IT’SUGAR®, one of the largest specialty candy retailers in the U.S. Prior to that, Koempel served as chief operating officer of Victoria’s Secret Lingerie, …
l brands
Fort Lauderdale, Fla. — IT’SUGAR, one of the largest specialty candy retailers in North America with 96 retail locations, has appointed Mike Koempel as chief operating officer. He brings to the company extensive experience in strategy, finance, operations, IT and merchandise planning and allocation. Most recently, Koempel spent over 3 years at multibillion-dollar retailer Victoria Secret Lingerie as executive vice president/chief operating officer from 2017 to 2020. Prior to Victoria Secret Lingerie, Koempel served as executive vice president/chief financial officer at L Brands’ Mast Global Division from 2007 to 2017. …
Columbus, Ohio — The board of directors for L Brands Inc. has unanimously approved a plan to separate the company into two independent, public companies consisting of Bath & Body Works and Victoria’s Secret. L Brands expects to create these companies through a tax-free spinoff of Victoria’s Secret to the shareholders of L Brands. “The spinoff will enable each company to maximize management focus and financial flexibility to thrive in an evolving retail environment and deliver profitable growth,” L Brands stated in a news release. As separate businesses, each will …
Union, N.J. — Bed Bath & Beyond Inc. has appointed Cindy Davis as executive vice president and chief brand officer of Bed Bath & Beyond Inc., as well as president of Decorist, effective May 26, 2020. Davis will report directly to Mark Tritton, president and CEO. Davis will be responsible for developing and implementing the “Promise” pillar of the company’s strategic growth plan. Her responsibilities will include stewardship and execution of brand strategy, as well as marketing and communications across the company’s retail banners. She will also support the team …
Columbus, Ohio — Easton Town Center is undergoing a significant expansion that will feature local and national retailers, breweries, restaurants, entertainment venues, hotels and public event space. The expansion will exceed $500 million of development over the next 4 years.