HSNi Promotes Ethier to Cornerstone ceo
October 19, 2009,
Multichannel and multi-brand retailer HSN Inc. is promoting Mark Ethier to ceo of the company's Cornerstone business segment.
“Through strict financial and operational rigor, we have begun to see bottom line improvements in the Cornerstone business overall, despite ongoing sales challenges in the luxury home and apparel categories,” said Mindy Grossman, HSNi ceo, to whom Ethier continues to report. “Mark has been instrumental in achieving this progress. We expect that having Mark focus his attention exclusively on Cornerstone will allow us to maximize the performance of these businesses.”
The Cornerstone division encompasses eight home and apparel lifestyle brands, including Ballard Design, Frontgate, Garnet Hill, Grandin Road, Improvements, Smith+Noble, The Territory Ahead, and TravelSmith.