The latest update is out from Bath & Body Works ( (BBWI) ).
Julie Rosen has stepped down as President, Retail of Bath & Body Works, with her responsibilities being transitioned to other members of the management team, including CEO Gina Boswell. The company has decided not to replace the President, Retail role, aiming for a flatter organizational structure to accelerate decision-making. Despite this leadership change, Bath & Body Works has reaffirmed its financial guidance for the third quarter and full year of fiscal 2024, signaling confidence in their business strategy and positioning ahead of the holiday season.
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