J.Crew CEO James Brett Steps Down

According to Reuters, J.Crew Group, known for its line of preppy men’s and women’s clothing, has announced that its Chief Executive Officer James Brett is stepping down from his position. effective immediately. The decision is going to leave the retailer without a CEO just before the key holiday shopping season, but it was described in a statement as a mutual agreement between Brett and the company’s board of directors. Brett is a long-time retail veteran who was named to the job in June 2017.