Meanwhile, PayPal acquires mobile payments firm Paydient.
Michelle Cordeiro Grant will be primarily responsible for overseeing the development of merchandise divisions across the organization.
NEW YORK, NY, January 4, 2013 – JackThreads is pleased to announce the appointment of Michelle Cordeiro Grant as the company’s new Divisional Merchandise Manager. Based in the New York office, Michelle will be primarily responsible for overseeing the development of merchandise divisions across the organization.
Prior to joining JackThreads, Michelle was the Director/Senior Merchant at Limited Brands/Victoria’s Secret, overseeing merchandising for numerous categories within their e-commerce and catalog division, Victoria’s Secret Direct. Grant also previously held merchandising positions at two industry leading retailers: Federated and VF Corporation.
“We’re excited to welcome Michelle to the JackThreads team at this pivotal time in our evolution. She brings to the table a new level of retail leadership, e-commerce experience and a track record of execution, which will prove to be invaluable to us as we move into 2013,” said Jason Ross, founder and CEO of JackThreads.
"I couldn’t be more thrilled to be joining such a thriving and innovative company. The passion and unique vision that Jason and the team have for the future is truly inspiring and I am really looking forward to being a part of it,” said Grant.
Grant will replace former DMM Evan Josloff who will now be overseeing the JackThreads’ private label business.
JackThreads.com is a members-only online shopping club that curates top-tier street, skate, surf and contemporary men's fashion brands - offering daily sales of up to 80% off in a limited-time, flash-sale format. Membership is free and provides users with exclusive access to limited-edition collaborations, style guides, seasonally-themed shops and the best from today’s up-and-coming designers. JackThreads currently boasts over 2 million members and hosts over 1,000 brands. In 2010, JackThreads was acquired by leading men’s lifestyle brand Thrillist and in 2012, the two companies converged to create the Thrillist Media Group.