February 3, 2023

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General Evolution

Karen Katz joins the board of fashion apparel retailer Intermix

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Karen Katz, previous president and CEO of Neiman Marcus Group, has joined the board of Intermix, a style apparel retailer based in New York with 29 outlets and an e-commerce enterprise.

Just after 33 years at Neiman Marcus, the very last 8 as CEO, Katz retired from the Dallas retailer in 2018 and stayed on the board for two additional a long time. Amid her board seats so considerably, Intermix is the most direct competitor to Neiman Marcus. Katz is also a director at Beneath Armour, The Real Authentic and Humana Health care. She has labored with several startups and private firms as an adviser.

She also chairs the board of the Perot Museum of Mother nature and Science in Dallas.

“Intermix is very well-positioned to be an industry chief, and I’m looking forward to support build the up coming generation of a buyer-focused, multi-brand fashion retailer,” Katz mentioned. Intermix experienced a retailer at NorthPark Heart for 10 decades and closed it in 2016. The store’s method to trend retailing is to combine established and emerging designer models on the similar rack to give consumers customized appears.

Intermix CEO Jyothi Rao explained the retailer can leverage Katz’s “product- and consumer-centric approach” to reinforce its posture in the sector.

Intermix was owned by Gap Inc. for a couple of years until final Might when it was bought to non-public fairness business Altamont Cash Associates. Hole acquired Intermix in 2012 but later on shifted its focus to its biggest models, and at the same time offered its top quality children’s clothing retailer, Janie and Jack.

Twitter: @MariaHalkias

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