Claire’s Accessories chief executive Beatrice Lafon has resigned after just two years at the helm and been replaced by long-time board member Ron Marshall.
Lafon’s departure is, according to a US Securities and Exchange Commission filing, “without cause”. It said “her resignation from the board was not due to any disagreement with the company”.
She was appointed as chief executive in 2014, following a three-year spell as president of Claire’s Europe.
Lafon is best known as a turnaround specialist, with stints at Dutch group Etam, TJ Hughes – where she was brought in to sell the company, which she did within 12 weeks – and Woolworths under her belt.
She led the turnaround of the Claire’s European business over the past three years, increasing its fashion appeal, lowering its prices and launching a transactional website in the UK.
Marshall has been on the Claire’s board since 2007. He has held various roles, including chief executive of book chain Borders.