Karen Katz

I've never looked at my career as something that I was striving to get to one position or another. For me, it was one step at a time.

Back when I was 15 or 16, in Dallas there was a department store called Sanger-Harris. One holiday season, I got a job as a gift wrapper there. The others were all experts who did that job every year, and I was by far the youngest person, who was totally inexperienced. In those days, department stores around Christmastime were a total frenzy.

While looking ahead, we know challenges remain, but we are encouraged by the strategies we have in place to improve our operational efficiencies and performance.

What's changed in New York, and what made us really change our thinking about New York, is that the different neighborhoods are becoming more important as shopping destinations than they used to be.

I am the ultimate Jewish mother.

Every day, I pinch myself. It has been an incredible journey.

We built a business on relationships, and that's what matters to us.

Partnering with Rent the Runway's innovative model, combined with their affinity amongst millennials, provides an exciting opportunity for us. Together, we're helping the next generation of luxury consumers discover and fall in love with designer fashion.

I never had lofty dreams of doing important things.

I am honored to join the Under Armour Board, and look forward to seeing how a founder and CEO operates a dynamic and fast-growing company known for innovation and its competitive edge.

We have a very robust online business, but convincing luxury houses to join us on the website has involved a lot of groveling.

Competing at full price is the way we like to do business, but we cannot ignore the promotional environment.