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Leadership changes at Amazon Fashion

Amid buzz about Amazon’s foray into private label apparel, the online retail giant told MarketWatch on Thursday that president of Amazon Fashion Cathy Beaudoin has resigned from her post. Citing business momentum and the team’s strength, Beaudoin reportedly felt now was “the right time to pass the baton,” Amazon said to MarketWatch in a statement. "We thank Cathy for her tremendous contributions to Amazon Fashion and wish her all the best. An announcement regarding Cathy's successor will be coming soon," the company added. (MarketWatch)