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STREAMLINING AT SFA: ANDREW JENNINGS OUT AS STORE'S PRESIDENT.(Saks Fifth Avenue Enterprises)
WWD
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August 22, 2006|
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COPYRIGHT 2006 Conde Nast Publications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.
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Byline: David Moin
NEW YORK - The power struggle at a top-heavy Saks Fifth Avenue Enterprises is over: Andrew Jennings is out as the retailer's president after a tenuous two-and-a-half years.
Saks said Monday that Jennings had resigned and that it was his "personal decision to leave SFAE and return overseas, where he spent the majority of his distinguished 30-year retail career."
Jennings would not comment on his departure, or where he will be working next, although it is believed he is close to taking a new position. He also held the post of chief ...
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