Janie Schaffer, head of lingerie and beauty at Marks & Spencer, has quit after three months into the job.
This news comes after the store released its Q4 2012/13 trading report last week which showed that the high-street-giant has seen clothing sales fall for the seventh consecutive quarter.
Dubbed "the queen of knickers", Schaffer, who founded the Knickerbox chain in the 80s, joined the Marks & Spencer team from Victoria’s Secret. He appointment signalled a positive change in direction M&S, however it emerged yesterday that she resigned last week.
Schaffer had replaced Frances Russell, who was promoted to director of womenswear after joining the company from Arcadia four years ago.
It is reported that prior to her exit, Schaffer had planned to unveil the first new ranges in the AW13 collection which were due to be launched next month.
A Marks & Spencer spokeswoman confirmed Schaffer’s departure.