Wednesday, January 23, 2008

Another Departure: COO for Tahari

According to WWD, there is going to be another retail executive departure on February 1, 2008.
"Husein Jafferjee, Elie Tahari's executive vice president and chief operating officer is leaving the company Feb. 1. Jafferjee has been with Tahari for eight years. The company has started the search for his successor."
What is going on with these departures? Did retail pay out bonuses recently to push these executives out? February 1 seems to be D-Day in retail...