MONTREAL, June 16, 2014 /CNW Telbec/ - Reitmans (Canada) Limited is
pleased to announce the appointment of Walter Lamothe to the position
of President, Retail and Chief Operating Officer. Mr. Lamothe joined
Reitmans (Canada) Limited in 2011 as President of the Addition Elle and
Penningtons banners and in that position has revitalized these
market-leading plus-size brands and driven both same store sales growth
and profitability gains. In addition, he has led a key strategic
initiative in developing a global sourcing approach, which will benefit
all Reitmans banners.
In his new position, Mr. Lamothe will have operating responsibility for
the Company's six banners: Reitmans, Penningtons, Addition-Elle, RW &
CO., Thyme Maternity and Smart Set. His priority will be to improve
performance in Canada, while also exploring opportunities for growth
both domestic and international.
Prior to joining Reitmans (Canada) Limited, Mr. Lamothe was President
and CEO of Liz Claiborne Canada (formerly Mexx Canada Inc.) and held
senior executive positions with Shirmax Fashions.
Chairman and CEO Jeremy Reitman said "The Board of Directors is
extremely pleased with Mr. Lamothe's promotion. His vision, experience
and leadership will drive the Company's success in its areas of
greatest growth potential."
SOURCE: Reitmans (Canada) Limited
For further information:
Jeremy H. Reitman
Chairman and Chief Executive Officer
Telephone: (514) 385-2630
Corporate Website: www.reitmans.ca