Embattled Lycra Co. Hires Ex-Legal Chief of Menswear Giant | Corporate Counsel

2023-02-22 06:23:18 By : Mr. Geraint Guan

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Embattled Lycra Co. Hires Ex-Legal Chief of Menswear Giant | Corporate Counsel

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Cathy Spicer is joining the maker of spandex apparel as high debt and legal disputes stretch the business.

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The Lycra Co., best known for its spandex apparel, has hired Cathy Spicer as chief legal officer, amid financial woes, legal battles and a credit rating downgrade from Moody’s.

Spicer joined Wilmington, Delaware-based Lyra on Feb. 7. She most recently was chief legal officer of Tailored Brands, the Houston-based parent of retailers Men’s Wearhouse and Jos. A. Bank. She was there from May 2018 to July 2022, serving as legal chief the final 19 months.

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Embattled Lycra Co. Hires Ex-Legal Chief of Menswear Giant | Corporate Counsel

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