Karen Katz joins the board of fashion apparel retailer Intermix


Karen Katz, former president and CEO of Neiman Marcus Group, has joined the board of Intermix, a fashion clothing retailer dependent in New York with 29 shops and an e-commerce business.

Immediately after 33 yrs at Neiman Marcus, the last 8 as CEO, Katz retired from the Dallas retailer in 2018 and stayed on the board for two far more years. Among the her board seats so far, Intermix is the most immediate competitor to Neiman Marcus. Katz is also a director at Below Armour, The Actual Actual and Humana Healthcare. She has labored with several startups and private corporations as an adviser.

She also chairs the board of the Perot Museum of Mother nature and Science in Dallas.

“Intermix is perfectly-positioned to be an market leader, and I’m seeking forward to aid build the upcoming technology of a purchaser-centered, multi-model fashion retailer,” Katz explained. Intermix had a shop at NorthPark Centre for 10 a long time and closed it in 2016. The store’s solution to fashion retailing is to mix recognized and rising designer makes on the same rack to give customers individualized appears.

Intermix CEO Jyothi Rao mentioned the retailer can leverage Katz’s “product- and purchaser-centric approach” to improve its position in the market place.

Intermix was owned by Hole Inc. for a few a long time until eventually very last May well when it was sold to non-public equity business Altamont Money Partners. Gap obtained Intermix in 2012 but later shifted its concentration to its biggest brands, and at the identical time bought its quality children’s clothing retailer, Janie and Jack.

Twitter: @MariaHalkias

Looking for additional retail protection? Simply click here to read through all retail information and updates. Click listed here to subscribe to D-FW Retail and a lot more newsletters from The Dallas Morning Information.





Supply website link