Bloomingdale's long time head men's merchant is exiting the company.
David Fisher, executive vice president and general merchandise manager of men's and Young World, will be departing from the company at the end of the month. Fisher has been with Bloomingdale's for 33 years.
His departure from the company is part of parent company Macy's Inc.'s plan to offer buyouts to some of their veteran employees. To qualify for the offer, employees had to be at least 55 years old with enough tenure that the total adds up to 70. These voluntary opportunities are intended to help Macy's reduce ongoing expense and streamline management. Around 360 employees qualify for this offer.
Fisher will be replaced by Dan Leppo, executive vice president of home, who will take over his men's wear responsibilities. Children's wear duties will be assigned to Francine Klein, vice chair for accessories, cosmetics, Young World, and outlets.
Kevin Harter, vice president for fashion direction at Bloomingdale's, praised Fisher for his time with the company saying to WWD "“David Fisher’s passion for product and the retail industry has made him one of the best merchants in the business. I am incredibly grateful to have been part of his great team throughout the years.”
Fisher began working at Bloomingdale's in 1983 when he was hired as divisional merchandise manager of ready-to-wear, fashion accessories, cosmetics, and Young World at the King of Prussia store in Pennsylvania. He held various senior merchandising positions at the King of Prussia store, as well as the 59th street flagship in New York City. In 1997, he was promoted to senior vice president and general merchandise manager of men's and Young World, and in 2004 he was promoted to executive vice president.
While Fisher is unclear as to what his next move will be, he told WWD that he will be taking time off to "get his head straight" and he doesn't plan on staying home.