Lane Bryant CEO Mysteriously Steps Down

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Just four months after she took the helm of fashion retailers Lane Bryant and Catherine’s,  CEO Linda Heasley mysteriously left the position.

The New York Post reported that Lane Bryant’s and Catherine’s parent company Ascena Retail Group confirmed the departure stating, she “resigned and is no longer with the business effective Jan. 18.”

Heasley had received the promotion of chief executive officer in October, as part of a reorganization plan of Ascena Retail Group, which also owns Dress Barn, Ann Taylor, Justice and Maurices.

The New York Post reported that Ascena’s CEO announced the departure at its investors conference on January 18, citing no further information beyond that.

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