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Filling his shoes, as chairman and CEO, is Glenn Murphy: a well respected Canadian retailer based on his successes at Shopper’s Drug Mart, Loblaws and Chapters/Indigo. Patrick Robinson – credited with turning around Giorgio Armani’s Collezioni line and runway hits with Perry Ellis – was also tapped for the Head Designer job.
While many analysts feel that it will take until at least this Fall to understand the pair’s new direction for the company and its design, Murphy has to date embarked on a cost-cutting management strategy that has seen store numbers and often sizes reduced, plus renegotiated contracts terms with its key suppliers...
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