Fashion
US’ Tailored Brands names Mike Baughn CFO, elevates Karla Gray to COO
Mike Baughn will join the Company as its new Executive Vice President, Chief Financial Officer (CFO), effective December 1, 2025. Mr. Baughn brings almost 20 years of retail financial experience, most recently with Foot Locker, Inc. where he served as CFO. In that role, he was instrumental in leading the multi-national retailer, including through its successful combination with Dick’s Sporting Goods. He previously spent 15 years in multiple roles at Kohl’s Corporation across FP&A, Sales Analysis, Business Unit Finance and Treasury, completing his time there as Executive Vice President, Finance & Corporate Treasurer.
Tailored Brands announced leadership changes to support long-term growth.
Mike Baughn, with nearly 20 years of retail finance experience at Foot Locker and Kohl’s, will become executive vice president and CFO from December 01, 2025.
The company also elevated Karla Gray to executive vice president and COO, expanding her remit to include supply chain and technology as it advances operational excellence.
On joining the Company, Mr. Baughn said, “I am thrilled about joining Tailored Brands at such an exciting time for the Company. The fundamentals are incredibly strong, and these amazing brands are positioned well for long-term growth.” Adding, “Throughout the process of getting to know the Company and its leaders, it was clear that its values are deeply ingrained in how the team operates and I am ready to become a part of this dynamic organization and its forward momentum.”
The Company is also announcing the elevation of Karla Gray to Executive Vice President, Chief Operating Officer (COO). Ms. Gray joined Tailored Brands in May 2021 as Executive Vice President, Chief Stores Officer. Prior to joining Tailored Brands, she served as VP and GM of North American Factory Stores at Nike. As COO, Ms. Gray will continue to lead the Stores organization, Real Estate and our Customer Contact Center, now adding the Company’s Supply Chain and Technology functions.
Ms. Gray shared, “This is an exciting time for the Company, and I couldn’t be happier to be partnering more closely with the leaders of these functions. Being ‘Better Every Day’ is one of our core values and I believe we have tremendous opportunity to build on what is an incredibly strong foundation as we move into a new era of efficiency and growth.”
Reflecting on these changes, CEO John Tighe remarked, “As our Company looks to the future, our ability to perform with financial and operational rigor will be critical to our success. In Mike we have found someone who not only brings an extraordinary background to be our next CFO, but who is a strong reflection of our Company’s values.” Mr. Tighe went on to say, “And as Karla steps into the role of COO, I am confident she will bring a next level of operational excellence across the enterprise as we open new stores and propel our strategic growth plans.”
Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged.
Fibre2Fashion News Desk (RM)
The package establishes a modern framework for both sides, enabling frictionless access to a market of 460 million consumers in key sectors, delivering economic benefits to both parties.
European Commission President Ursula von der Leyen and Swiss President Guy Parmelin yesterday signed a broad package of agreements aimed at deepening and expanding EU-Switzerland ties.
By aligning standards and rules in closely integrated areas, it will provide legal certainty, simplify trade in goods like medical devices and food products, and ease cross-border supply for businesses on both sides.
By aligning standards and rules in closely integrated areas, it will provide legal certainty, simplify trade in goods like medical devices and food products, and ease cross-border supply for businesses on both sides of the border.
Additionally, it will ensure more consistent rules for individuals who live, work or study across the EU-Swiss border. Switzerland will contribute to the development of legislation in the areas covered by the package and will have the opportunity to influence these rules as they are being designed.
“By modernising and deepening our ties across key sectors, from trade and transport to health and energy—we are strengthening legal certainty, fostering innovation and creating new opportunities for our citizens and businesses,” von der Leyen said in a release from the Commission.
The package includes updates to four already existing agreements, which already give Switzerland access to the EU internal market, regarding air transport, land transport, the free movement of persons and mutual recognition of conformity assessment.
New agreements on food safety, electricity, health and Switzerland’s participation in the EU Agency for the Space Programme were signed. A new agreement introduced a permanent and fair financial contribution by Switzerland to economic and social cohesion within the EU.
Apart from a protocol on parliamentary cooperation, the package includes also a joint declaration on the establishment of a high-level dialogue on the broad bilateral package.
Fibre2Fashion News Desk (DS)
Following earlier increases in purified terephthalic acid (PTA), melt and PSF, Indian producers have now raised PFY prices. POY, FDY and PTY prices have been increased by ****;* per kg across all deniers and lustres with effect from March *, reflecting rapid cost pass-through amid heightened volatility in crude-linked value chains, according to the market sources.
In the previous weekly revision effective February **, ****, PTA was increased by ****;*.** per kg to ****;**.** per kg, while monoethylene glycol (MEG) was retained at ****;**.** per kg. Polyester melt prices were raised by ****;*.** per kg to ****;**.** per kg. Downstream PSF prices were also revised upward by ****;*.** per kg from March *.
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