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Bonnie Brooks taking over Bay chain
It's official. Bonnie Brooks has been named president and chief executive officer of the Bay chain of department stores.
Brooks, who is currently working in Asia, brings a wealth of Canadian retailing experience, along with a touch of "glamour" to the job, company insiders say.
"Bonnie has spent more than 25 years building prestige retail formats around the world, like Holt Renfrew, Lane Crawford, Harvey Nichols, and leading designer brand standalone stores in Asia," said Jeffrey Sherman, president and chief executive officer of parent company, Hudson's Bay Co.
Brooks, who will start in early September, was most recently president of the Lane Crawford Joyce Group based in Hong Kong,[url=http://www.floware.fr]michael kors pas cher[/url], a chain of 500 stores across nine Asian countries.
In Canada, she's best known for her roles at Holt Renfrew, where she was executive vicepresident/general merchandise manager and senior vicepresident of marketing, rseponsible for strategic planning, merchandise buying, designer brand acquisition and more.
"The role to transform the Bay from its existing format to world class was too compelling to pass up," said Brooks. "Building exceptional retail destinations is not only my profession, it's my passion.
Brooks indicated one of her main tasks will be attracting more prestige brands to the retailer.
Her appointment follows the announcement last week that Mark Foote, also a seasoned Canadain retail executive, would head Zellers, the company's discount retail format.

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[editor: Xu hurriedly] [editor on duty: Xu hurriedly]
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Premier Li called for innovation in financial services, encouraged financial companies to do more to meet the needs of the real economy, and expand their overseas presence as he listened to a report from the financial leasing arm of the Industrial and Commercial Bank of China (ICBC).