Retailer, after drop in sales, profits, loses top exec

Diane Ellis was named Chico’s brand president in October 2016.

By Business Observer Staff
| 9:46 a.m. November 29, 2018
| 0 Free Articles Remaining!

Courtesy. Diane Ellis was named Chicoâ€™s brand president in October 2016.

Charlotte–Lee–Collier

FORT MYERS — After a little more than two years at the helm of the Chico’s brand, a unit of Fort Myers-based women’s retailer Chico’s FAS, Diane Ellis has left the company.

The departure of Ellis, named Chico’s brand president in October 2016, was announced Nov. 28, the same day the company released third-quarter earnings, which included a 10.2% drop in Chico’s brand same-store sales.