Francesca’s Holdings Corps., US-based apparel firm, has appointed Andrew Clarke as its new President and Chief Executive Officer (CEO).
Andrew, reportedly, will assume his office with effect from 9 March 2020.
In a statement released to media, the company announced that Andrew will be succeeding Michael Prendergast.
Andrew, with a rich experience of 25 years in retail especially in apparels, was working till recently as the President of Loft – a well-known clothing label from Ascena.
Much before Ascena, Andrew also led Kmart apparel for Sears Holdings. Notably, Andrew started his career with fashion giant Marks and Spencer.
Francesca’s believes its fortunes to change for good under the able leadership of Andrew Clarke.
Here it is important to note that the apparel firm, under Michael, had been putting efforts over the last year to control company’s falling sales.
Francesca’s also said that Michael will continue with the firm for some time to ensure a seamless transition.