The board of directors of the Cosmo Lady (China) Holdings Company Limited announced that Ms. Sharen Jester Turney has been appointed as chief strategic officer of the Group with effect from 1 July 2018. The main responsibilities of Ms. Turney are to provide advice on strategic planning and implementation, enhancement of brand image, product design and recruitment of designers, overseas mergers and acquisitions and retail operations of the Group. Prior to joining the Group, Ms. Turney was the president and chief executive officer of Victoria's Secret.