Aaron Levine says farewell to Club Monaco and hello to A&F?
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Aaron Levine has very quietly said goodbye to Club Monaco, as he has exited his role at the company as Vice President of men's design and is believed to be heading to none other than teen retailer Abercrombie & Fitch
The designer, who first joined the team at Club Monaco from Jack Spade in June 2011, is said to be in line for a top position at the fashion retailer, according to WWD. A spokeswoman for Club Monaco has confirmed Levine's departure from the company and adds that the company expects to name his successor within the next month. In the meantime, the label has tapped Mike Wade as its head of men's merchandising, who previously worked at Rag & Bone and Urban Outfitters.
The teen retailer could use some help in the form of re-branding as its turnaround efforts fail to pay off. In the first quarter, A&F reported a net loss of 63.2 million dollars which nearly tripled from the net loss of 23.7 million dollars a year ago.