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