l brands

Superior Group of Companies Names Retail Operations Veteran as its New CFO

by Katie Lee May 31, 2022

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, …

May 31, 2022

News people retailers

IT’SUGAR Names New Chief Operating Officer

by Katie Lee July 19, 2021

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. …

July 19, 2021

News retailers

L Brands to Spin Off Victoria’s Secret into Publicly Traded Company

by Katie Lee May 19, 2021

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 …

May 19, 2021

News people retailers

Bed Bath & Beyond Inc. Names Chief Brand Officer and President of Decorist

by Katie Lee May 13, 2020

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 …

May 13, 2020

construction and design News

Construction Underway for Easton Town Center’s $500 Million Expansion

by Katie Lee December 10, 2018

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.

December 10, 2018