Limited Brands yesterday announced that President Paul Raffin and Meade Rudasill, who is president and chief operating officer of its Express division, are leaving. Raffin becomes CEO of the U.S.
operations of Frette, which markets luxury linens. Rudasill joins QVC as COO. Jay Margolis, president of Limited Brands' Apparel Group, will assume day-to-day leadership of Express while the company
engages in a search for new senior leadership.