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J.Crew CEO James Brett steps down after short term

J.Crew store in Manhattan, New York. [Photo: Reuters]

NEW YORK- J.Crew Group Inc, known for its preppy men’s and women’s clothing, said on Saturday that its Chief Executive Officer James Brett is leaving the company, effective immediately.

The decision, which leaves the retailer without a CEO ahead of the key holiday shopping season, was described in a statement as a mutual agreement between Brett and the New York-based company’s board of directors.

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