• January 8, 2009

After more than a year of steady monthly sales declines--many in the double digits--Chico's FAS says it's named David F. Dyer president and CEO, replacing Scott A. Edmonds, who is retiring.

Dyer has been on the Chico's board since 2007, and previously served as president/CEO of both Tommy Hilfiger and Land's End. The Ft. Myers, Fla.-based retailer--which targets older women and has been worn by such notables as Michelle Obama and Debbie Phelps, mother of swimming phenom Michael--says its comparable-store sales fell 12.4% in December.--Sarah Mahoney