Frank Doroff to Retire From Bloomingdale’s & Denise Magid Appointed EVP & GMM of Ready-to-Wear, Bloomingdales.com & Concess...
December 05 2018 - 3:00PM
Business Wire
Macy’s, Inc. (NYSE: M) today announced that after an
extraordinary career, Frank Doroff, Bloomingdale’s vice chairman
and general merchandise manager for ready-to-wear,
bloomingdales.com and concessions, has made the decision to retire,
effective February 8, 2019. The company also announced that
Bloomingdale’s has appointed Denise Magid as executive vice
president and general merchandise manager for ready-to-wear,
bloomingdales.com and concessions, effective January 2, 2019.
During the month of January, Denise and Frank will work together to
ensure a smooth transition of leadership.
“Frank has defined what it means to be a creative merchant and a
beloved leader throughout his career. His boundless curiosity, love
of fashion, tenacity and unwavering dedication to the development
of talent has set a standard to which we can all aspire. Frank has
left an indelible mark on our company, our culture and the retail
industry at large,” said Tony Spring, chairman and chief executive
officer of Bloomingdale’s.
Denise joins Bloomingdale’s from DVMagid Consulting, a
consulting company she founded in 2016. Her prior experience
includes chief merchant of Intermix and senior vice president and
general merchandise manager of ready-to-wear at Saks Fifth
Avenue.
“We are very excited to welcome Denise to the Bloomingdale’s
Family. Denise has established herself in the industry as a
talented merchant, natural growth strategist and passionate,
collaborative leader. Her varied experience across department
stores and boutiques, physical and digital businesses, and upscale
and contemporary brands, uniquely positions her to build upon
Frank’s legacy and be a transformational retail leader today and
into the future,” continued Spring.
About Denise Magid
Denise began her retail career in the Lord & Taylor
Executive Training Program and gained distinction during her 5
years as a merchant in the dress division. After growing and
evolving Lord & Taylor’s mainstay business, Denise joined Saks
Fifth Avenue in 2003 as a buyer of evening collections and
progressed in successive merchandising roles until becoming senior
vice president, general merchandise manager for women’s
ready-to-wear and kids. During her tenure at Saks, Denise’s passion
for product and innovative spirit led her to build their
contemporary sportswear business by discovering and nurturing
emerging designers while strategically planning long term growth
for core brands. In 2015, Denise assumed the position of chief
merchant for Intermix. At Intermix, Denise applied her commitment
to strategic growth to implement new merchandising initiatives. She
refined the brand matrix with a focus on exclusives and emerging
collections while growing private label and the digital
channel.
Denise left Intermix in mid-2016 to start her own consulting
company, DVMagid Consulting, to help build and evolve both domestic
and international brands. As a consultant, she gained broader
exposure to the wholesale side of fashion as she worked with brands
to drive top and bottom line growth through product development and
brand building strategies.
Denise is a graduate of New York University, Leonard N. Stern
School of Business and holds a Bachelor of Science in Finance and
Marketing.
About Frank Doroff
Frank began his career as an executive trainee with Macy’s in
1972 and progressed through various merchant roles to become a
senior vice president and general merchandise manager for
ready-to-wear in 1979. In 1983, he joined Bullock’s as senior vice
president and general merchandise manager of ready-to-wear and
fashion accessories and later became the executive vice president
and then president. From 1988 to 1991, Frank served as chairman of
Federated and Allied Merchandising Services, then chairman and
chief executive officer of Bonwit Teller before joining
Bloomingdale’s. In his 27-year tenure at Bloomingdale’s, Frank was
an innovative and motivating leader who spearheaded the evolution
of the women’s ready-to-wear business, the growth of the ecommerce
business and the development of a robust concession model. He was
instrumental in building Bloomingdale’s private label program and
100% exclusive initiative—a partnership between merchants and
vendors to create unique product for Bloomingdale’s. In 2006, Frank
assumed responsibility for bloomingdales.com and implemented
influential strategies that accelerated Bloomingdale’s growth in
ecommerce.
Frank has contributed his business expertise and resources to
multiple charitable organizations that support causes important to
him. He is an active board member, advocate and fundraiser for
Phoenix House, Cancer Care and the American Jewish Committee.
Frank is a graduate of Washington and Jefferson College and
holds a Master’s Degree in Business Administration from the Wharton
School at the University of Pennsylvania.
About Bloomingdale’s
Bloomingdale’s is America’s nationwide, full-line, upscale
department store and a division of Macy’s, Inc. It was founded in
1872 and currently operates 38 Bloomingdale’s stores and 17
Bloomingdale’s, The Outlet Stores, in California, Florida, Georgia,
Hawaii, Illinois, Maryland, Massachusetts, New Hampshire, New
Jersey, New York, Pennsylvania, Texas and Virginia. In addition,
Bloomingdale’s has an international presence with locations in
Dubai and Kuwait. Be sure to follow @bloomingdales on social media,
become a Loyallist and for more information, or to shop any time,
visit www.bloomingdales.com.
About Macy’s Inc.
Macy’s, Inc. is one of the nation’s premier retailers. With
fiscal 2017 sales of $24.837 billion and approximately 130,000
employees, the company operates approximately 690 department stores
under the nameplates Macy’s and Bloomingdale’s, and more than 180
specialty stores that include Bloomingdale’s The Outlet,
Bluemercury, Macy’s Backstage and STORY. Macy’s, Inc. operates
stores in 44 states, the District of Columbia, Guam and Puerto
Rico, as well as macys.com, bloomingdales.com and bluemercury.com.
Bloomingdale’s stores in Dubai and Kuwait are operated by Al Tayer
Group LLC under license agreements. Macy’s, Inc. has corporate
offices in Cincinnati, Ohio, and New York, New York.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20181205005772/en/
Media – Julia Austin646-582-6325Julia.
Austin@bloomingdales.com
Media – Radina Russell646-429-7358Radina.Russell@macys.com
Investors – Monica Koehler513-579-7780investors@macys.com
Macys (NYSE:M)
Historical Stock Chart
From Mar 2024 to Apr 2024
Macys (NYSE:M)
Historical Stock Chart
From Apr 2023 to Apr 2024