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American contemporary brand and retailer Kenneth Cole's chief executive officer Jill Granoff has resigned, as the company announced it had significantly narrowed its losses in the fourth quarter.
Granoff has left her role with immediate effect after three years and has also resigned as a director. Kenneth Cole, chairman and chief creative officer, will serve as interim chief executive officer. Paul Blum, who served as president from 2002 to 2006 will return to the company to assume the role...