COLUMBUS, Ohio--(BUSINESS WIRE)--The Limited today announced that Diane Ellis will lead the iconic apparel retailer as its new Chief Executive Officer, effective August 26.
Ellis comes to The Limited after six years as the President and Chief Operating Officer of Brooks Brothers. At Brooks Brothers, Ellis helped accelerate growth and profitability by enhancing the store experience, strengthening processes and building the team while maintaining an entrepreneurial culture. She oversaw information technology, human resources, retail and outlet stores, planning and allocation, product development, sourcing, supply chain, e-commerce and finance.
Prior roles include 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. Ellis also served in merchandising, planning, strategy, buying and store management roles at Marshalls and Joseph Horne’s department stores.
“Diane brings an impressive track record of success in both specialty retail and mass retail. Her expertise in consumer behavior, branding, and store operations will add energy and momentum to the exciting initiatives underway at The Limited,” said Scott King, Senior Managing Director of Sun Capital Partners and Board Member of The Limited. “We are excited to have Diane join The Limited.”
Ellis’ announcement follows on the heels of the company’s plans to grow its store base in 2013 and extend its reach in the outlet segment. The company plans to open four outlet stores and eight traditional format stores this year. 2013 marks the company’s sixth consecutive year of store growth. Including those opening this year, the company has added 68 new stores to its network since 2008. Today, the company operates 259 locations across the country.
About The Limited
Building on its 50 years of leadership in
American shopping centers, The Limited is an iconic fashion retailer
that offers high-quality, private-label apparel designed to help our
clients succeed. Design-driven, fashionable styles include suiting,
sweaters, dresses, denim, outerwear, and accessories—to suit her
lifestyle demands, from workday to weekend. A Sun Capital Partners
portfolio company, The Limited has 259 mall locations throughout the
United States. For more information, please visit: www.thelimited.com.
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About Sun Capital Partners, Inc.
Sun Capital Partners, Inc.
is a pioneer in operationally-focused private equity. The firm focuses
on market-leading companies that can benefit from its in-house
professionals, resources, and expertise to materially improve operating
performance. Sun Capital affiliates have invested in more than 320
companies worldwide with combined sales in excess of $45 billion since
its inception in 1995. Sun Capital has offices in Boca Raton, Los
Angeles and New York, and affiliates in London, Frankfurt, Paris,
Luxembourg, Shanghai and Shenzhen. For more information, visit www.SunCapPart.com.
