New York & Company, Inc. Searches for a New Chief Operating Officer

New York & Company, Inc. announced that it has initiated a search for a new Chief Operating Officer and that Laura Weil, Executive Vice President, Chief Operating Officer since June of 2012, has resigned her position with the Company effective immediately.

"We thank Laura for her contributions to New York & Company over the past two years and we wish her well in her future endeavors," stated Greg Scott, New York & Company's CEO. "In the interim, while we search for a new Chief Operating Officer, we are pleased to have a solid team in place that can effectively manage our operations and continue to make progress toward our goals of improved operating performance and long term growth."

About New York & Company

New York & Company, Inc. is a specialty retailer of women's fashion apparel and accessories, and the modern wear-to-work destination for women, providing perfectly fitting pants and NY Style that is feminine, polished, on-trend and versatile - all at compelling values. The Company's proprietary branded New York & Company merchandise is sold exclusively through its national network of retail stores and online at www.nyandcompany.com. The Company operates 509 stores in 43 states. Additionally, certain product, press release and SEC filing information concerning the Company are available at the Company's website: www.nyandcompany.com.