FORT MYERS, Fla., Oct. 7, 2016 /PRNewswire/ -- Chico's FAS, Inc.
(NYSE: CHS) today announced that Diane
Ellis has been appointed president of its Chico's brand,
effective November 1, 2016. In this
role, Ms. Ellis will oversee all business activities for Chico's
and will report directly to Shelley
Broader, president and chief executive officer of Chico's
FAS.
Ms. Ellis has more than 35 years of retail experience and joins
Chico's from The Limited, where she served as chief executive
officer and was instrumental in driving the strategy behind the
company's growth and business transformation over the past three
years. Prior to The Limited, Ms. Ellis was president and chief
operating officer of Brooks Brothers, where she led the stores,
ecommerce, IT, HR, sourcing, product development, finance, supply
chain and planning functions in support of the global operations of
the brand.
"Diane is a seasoned leader who has proven time and again that
she is one of the most strategic business and brand builders in
retail. She brings merchandising, marketing and operational
expertise as well as a strong passion for our customers," said Ms.
Broader. "As we continue to position our Company to win in the
future, I am proud to welcome Diane to Chico's."
"I am thrilled to join Chico's, an iconic brand that I've long
admired," Ms. Ellis said. "The Company has made great strides with
its strategic initiatives, and as the retail landscape and customer
behavior evolves, I'm excited to lead and support the team as we
continue to strengthen Chico's brand position and find new ways to
innovate and delight our customers."
Prior to Brooks Brothers, Ms. Ellis was the founding partner of
Lighthouse Retail Group, managing director for the Retail Strategy
Practice at PricewaterhouseCoopers, and director of merchandise
planning, allocation and inventory control at Filene's. Ms. Ellis
also served in merchandising, planning, strategy and store
management roles at Joseph Horne's department stores and at
Marshalls, where she launched the petite and swimwear businesses.
She is a member of the board of directors of Stage Stores,
Inc.
ABOUT CHICO'S FAS, INC.
The Company, through its brands - Chico's, White House Black
Market, and Soma - is a leading omni-channel specialty retailer of
women's private branded, sophisticated, casual-to-dressy clothing,
intimates, complementary accessories, and other non-clothing
items.
As of July 30, 2016, the Company operated 1,517 stores in
the US and Canada and sold
merchandise through franchise locations in Mexico. The Company's merchandise is also
available at www.chicos.com, www.whbm.com, and www.soma.com. For
more detailed information on Chico's FAS, Inc., please visit
www.chicosfas.com.
SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION
REFORM ACT OF 1995 Certain statements contained herein, including
without limitation, statements addressing the beliefs, plans,
objectives, estimates or expectations of the Company or future
results or events constitute "forward-looking statements" within
the meaning of the Private Securities Litigation Reform Act of
1995, as amended. Such forward-looking statements involve
known or unknown risks, including, but not limited to, general
economic and business conditions, and conditions in the specialty
retail industry. There can be no assurance that the actual
future results, performance, or achievements expressed or implied
by such forward-looking statements will occur. Investors using
forward-looking statements are encouraged to review the Company's
latest annual report on Form 10-K, its filings on Form 10-Q,
management's discussion and analysis in the Company's latest annual
report to stockholders, the Company's filings on Form 8-K, and
other federal securities law filings for a description of other
important factors that may affect the Company's business, results
of operations and financial condition. The Company does not
undertake to publicly update or revise its forward-looking
statements even if experience or future changes make it clear that
projected results expressed or implied in such statements will not
be realized.
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SOURCE Chico's FAS, Inc.