Bath & Body Works, Inc. (NYSE: BBWI) has announced the departure of Julie Rosen, the President of Retail, effective immediately. This decision is accompanied by the elimination of the role of president, retail, with most functions previously reporting to Ms. Rosen now reporting to Gina Boswell, CEO of Bath & Body Works.
The company has reaffirmed its third-quarter and full-year fiscal 2024 guidance, as provided on August 28, 2024.
Bath & Body Works is known as a global leader in personal care and home fragrance, with over 1,870 company-operated locations in the U.S. and Canada and more than 490 international franchised locations, as well as an online storefront at bathandbodyworks.com.
As a predominantly U.S.-based company, Bath & Body Works serves and delights customers with top-selling collections for fine fragrance mist, body lotion and body cream, 3-wick candles, home fragrance diffusers, and liquid hand soap.
Ms. Boswell expressed gratitude for Julie Rosen's valuable contributions since joining the company in 2020, highlighting the significant progress made in fortifying the operating foundation and building the platform for long-term, sustainable growth.
The company is well-positioned heading into the holiday season and remains relentlessly focused on growth and committed to bringing customers compelling products, unique merchandising, and brand storytelling for which Bath & Body Works is known. As a result of these announcements, the company's shares have moved 1.5% on the market, and are now trading at a price of $30.53. For the full picture, make sure to review Bath & Body Works's 8-K report.
