Sheree Waterson

Sophia Amoruso, the renegade fashion authority, "#GIRLBOSS" author and founder of millennial fashion brand Nasty Gal, explained in a YouTube video why she's stepping down as CEO at Nasty Gal and promoting retail guru Sheree Waterson in her place. In her blog, Amoruso said the following: "I've found someone, who I've worked with for a year, who I am really excited to put in the role of CEO." 

Sophia Amoruso will always be the #GirlBoss. But she's giving up the official boss title at Nasty Gal. Amoruso, founder of the Los Angeles-based online fashion retailer and author of a best-selling advice book titled "#GirlBoss," is stepping down as CEO of the company that she nurtured from a side project on eBay nine years ago into an e-commerce powerhouse, she told her staff yesterday. Sheree Waterson, who has been Nasty Gal's president, has been named as the new CEO and is also joining the company's board alongside Amoruso and Index Ventures partner Danny Rimer. 

Someone's head was inevitably going to roll after lululemon's see-though pant scandal last month, and it looks like the company has found its fall guy: Chief Product Officer Sheree Waterson will depart on April 15 after nearly five years with the retailer, WWD reports, even though it sounds like technically she was doing her job. lululemon admits that the fabric in its signature Luon pants passed testing standards, but says a combination of factors led to the sheerness. 

Lululemon Athletica, manufacturer of yoga-inspired athletic apparel has announced that its chief product officer, Sheree Waterson, will be leaving the company effective April 15. “We appreciate the many contributions that Sheree made during her time...