Management Turnover as Change Agent

Thursday, January 17, 2008

Addendum to Previous Post on Target

Alexandra Biesada of Hoover's Bizmology had a different take on my previous blog post on Isaac Mizrahi's departure from Target and move to Liz Claiborne. Biesada suggested,
Great news for Liz, but bad for Target? Maybe not.

... (Referring to the appointment of Steinhafel as new CEO) Surely he has some ideas up his sleeve. (The industry buzz says Target has UK fashion designer Jonathan Saunders waiting in the wings as its next GO International designer.)

So rather than look at Mizrahi’s pending departure as a loss for Target, consider it an opportunity for the chain — which lately appears to have lost its way — to shake things up in the fashion aisle.
You decide.

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