Just two days after the struggling teen retailer brought on a new chairman, the company has announced the creation of a chief operating officer position, perhaps taking more responsibility out of CEO Mike Jeffries' hands.

Just a little over a month after the details of his new contract were revealed, Jeffries will hand over chairman duties to a former Saks exec.

The outlook isn't great right now for so-called "teen" retailers. We polled teenagers from across the country -- and a Wall Street analyst, too -- about why they think the Abercrombies, Aeropostales and American Eagles of the world aren't doing so well.

The biggest fashion stories of the week, save for the one about how we received a big block of cheese in the office (which was actually very awesome).

I think few people would disagree that Abercrombie & Fitch needs a change of some sort. And with controversy-causing CEO Mike Jeffries's contract set to expire next February, that change could come pretty soon.

Despite the fact that the average American woman is now a size 14, it seems like the fashion world is less plus-friendly than ever. So what gives?