Fashion boss resigns

Megan Foster resigned from her position as the head of Sass & Bide after less than four months to focus on managing Myer's smaller network of stores outside major shopping centers.

Megan Foster served as the boss of Sass & Bide for less than four months before resigning.

Sass & Bide is recognized as one of the most prestigious and profitable fashion empires in Australia.

After leaving Sass & Bide, Megan Foster will focus on managing Myer's small network of stores located outside major shopping centers.

While the article does not specify the impact, leadership changes can often lead to shifts in company strategy and operations, which may affect Sass & Bide's future direction.

The article does not explicitly state whether Megan Foster's new role is a promotion or a lateral move, but it indicates a shift in focus from a prestigious fashion label to managing smaller retail operations.

Managing Myer's smaller network of stores could present challenges such as adapting to different market dynamics and ensuring profitability outside major shopping centers.

Megan Foster's resignation and subsequent focus on Myer's smaller stores could signal a strategic shift in Myer's approach to retail, potentially emphasizing growth and optimization of these locations.